Saba Closed-End Funds ETF (BATS:CEFS) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lowered its stake in shares of Saba Closed-End Funds ETF (BATS:CEFS) by 8.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,622 shares of the company’s stock after selling 2,274 shares during the period. Atria Wealth Solutions Inc.’s holdings in Saba Closed-End Funds ETF were worth $448,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of CEFS. Consolidated Portfolio Review Corp increased its stake in Saba Closed-End Funds ETF by 1.8% during the 4th quarter. Consolidated Portfolio Review Corp now owns 46,114 shares of the company’s stock worth $875,000 after buying an additional 819 shares in the last quarter. 3EDGE Asset Management LP increased its position in shares of Saba Closed-End Funds ETF by 4.9% during the fourth quarter. 3EDGE Asset Management LP now owns 77,788 shares of the company’s stock worth $1,476,000 after purchasing an additional 3,661 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in Saba Closed-End Funds ETF by 3.4% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 67,497 shares of the company’s stock valued at $1,280,000 after purchasing an additional 2,250 shares during the last quarter. Raymond James & Associates lifted its holdings in Saba Closed-End Funds ETF by 11.2% in the 4th quarter. Raymond James & Associates now owns 33,575 shares of the company’s stock valued at $637,000 after purchasing an additional 3,394 shares in the last quarter. Finally, Lionsbridge Wealth Management LLC acquired a new stake in Saba Closed-End Funds ETF during the 4th quarter worth $921,000.

Saba Closed-End Funds ETF Stock Up 0.7 %

Saba Closed-End Funds ETF stock opened at $20.20 on Tuesday. The company has a fifty day simple moving average of $20.04 and a 200-day simple moving average of $19.14. The firm has a market capitalization of $186.80 million, a price-to-earnings ratio of 18.35 and a beta of 0.72. 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 disclosed a dividend, which was paid on Wednesday, March 27th. Investors of record on Tuesday, March 26th were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Monday, March 25th.

About Saba Closed-End Funds ETF

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.