Raymond James & Associates Sells 7,355 Shares of VanEck Durable High Dividend ETF (BATS:DURA)

Raymond James & Associates decreased its stake in shares of VanEck Durable High Dividend ETF (BATS:DURA) by 8.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 78,927 shares of the company’s stock after selling 7,355 shares during the period. Raymond James & Associates’ holdings in VanEck Durable High Dividend ETF were worth $2,448,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. UBS Group AG boosted its stake in VanEck Durable High Dividend ETF by 2,001.5% during the first quarter. UBS Group AG now owns 6,809 shares of the company’s stock worth $213,000 after acquiring an additional 6,485 shares in the last quarter. Citadel Advisors LLC boosted its stake in VanEck Durable High Dividend ETF by 6.2% during the second quarter. Citadel Advisors LLC now owns 7,568 shares of the company’s stock worth $241,000 after acquiring an additional 440 shares in the last quarter. Comerica Bank bought a new stake in VanEck Durable High Dividend ETF during the third quarter worth about $302,000. Susquehanna International Group LLP bought a new stake in VanEck Durable High Dividend ETF during the first quarter worth about $534,000. Finally, Cetera Advisor Networks LLC boosted its stake in VanEck Durable High Dividend ETF by 12.5% during the fourth quarter. Cetera Advisor Networks LLC now owns 19,605 shares of the company’s stock worth $625,000 after acquiring an additional 2,185 shares in the last quarter.

VanEck Durable High Dividend ETF Price Performance

BATS:DURA opened at $30.77 on Tuesday. The business’s 50 day simple moving average is $31.22 and its 200-day simple moving average is $30.63. The company has a market capitalization of $90.77 million, a price-to-earnings ratio of 18.50 and a beta of 0.76.

VanEck Durable High Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.2259 dividend. The ex-dividend date was Monday, April 1st.

About VanEck Durable High Dividend ETF

The VanEck Morningstar Durable Dividend ETF (DURA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-weighted index of US firms that are screened for dividend yield, financial health, and valuation. DURA was launched on Oct 30, 2018 and is managed by VanEck.