Atria Wealth Solutions Inc. Buys Shares of 17,186 Saba Closed-End Funds ETF (BATS:CEFS)

Atria Wealth Solutions Inc. bought a new stake in Saba Closed-End Funds ETF (BATS:CEFS) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 17,186 shares of the company’s stock, valued at approximately $314,000. Atria Wealth Solutions Inc. owned approximately 0.30% of Saba Closed-End Funds ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in CEFS. Arete Wealth Advisors LLC bought a new position in shares of Saba Closed-End Funds ETF during the first quarter valued at $494,000. Thomas J. Herzfeld Advisors Inc. raised its stake in shares of Saba Closed-End Funds ETF by 43.4% during the first quarter. Thomas J. Herzfeld Advisors Inc. now owns 22,630 shares of the company’s stock valued at $413,000 after acquiring an additional 6,852 shares during the last quarter. Harbour Investments Inc. bought a new position in shares of Saba Closed-End Funds ETF during the first quarter valued at $27,000. Cetera Investment Advisers raised its stake in shares of Saba Closed-End Funds ETF by 5.7% during the first quarter. Cetera Investment Advisers now owns 146,024 shares of the company’s stock valued at $2,666,000 after acquiring an additional 7,919 shares during the last quarter. Finally, UBS Group AG bought a new position in shares of Saba Closed-End Funds ETF during the first quarter valued at $82,000.

Saba Closed-End Funds ETF Stock Performance

CEFS stock opened at $18.19 on Monday. The company has a fifty day moving average price of $18.55 and a 200-day moving average price of $18.21. The company has a market capitalization of $117.33 million, a P/E ratio of 15.99 and a beta of 0.76. Saba Closed-End Funds ETF has a 52-week low of $19.83 and a 52-week high of $22.14.

Saba Closed-End Funds ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, August 24th. Stockholders of record on Tuesday, August 22nd were paid a dividend of $0.14 per share. The ex-dividend date was Monday, August 21st.

Saba Closed-End Funds ETF Company Profile

The Saba Closed-End Funds ETF (CEFS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value and hedging for duration risk.