Cetera Investment Advisers Has $2.27 Million Stock Position in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL)

Cetera Investment Advisers reduced its position in shares of Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 106,243 shares of the company’s stock after selling 1,305 shares during the quarter. Cetera Investment Advisers owned about 0.31% of Strategy Shares NASDAQ 7 HANDL ETF worth $2,266,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in HNDL. New Century Financial Group LLC acquired a new position in Strategy Shares NASDAQ 7 HANDL ETF during the 4th quarter worth approximately $313,000. Kingswood Wealth Advisors LLC raised its stake in Strategy Shares NASDAQ 7 HANDL ETF by 103.7% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 22,610 shares of the company’s stock worth $482,000 after buying an additional 11,510 shares during the period. Strategic Financial Concepts LLC acquired a new position in Strategy Shares NASDAQ 7 HANDL ETF during the 4th quarter worth approximately $378,000. Newbridge Financial Services Group Inc. raised its stake in Strategy Shares NASDAQ 7 HANDL ETF by 15.9% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 94,117 shares of the company’s stock worth $2,008,000 after buying an additional 12,935 shares during the period. Finally, Allworth Financial LP raised its stake in Strategy Shares NASDAQ 7 HANDL ETF by 28.3% during the 4th quarter. Allworth Financial LP now owns 8,127 shares of the company’s stock worth $176,000 after buying an additional 1,792 shares during the period.

Strategy Shares NASDAQ 7 HANDL ETF Stock Performance

HNDL stock opened at $21.22 on Monday. The stock’s 50 day simple moving average is $20.61 and its 200 day simple moving average is $21.32. Strategy Shares NASDAQ 7 HANDL ETF has a fifty-two week low of $19.00 and a fifty-two week high of $22.44. The company has a market cap of $694.32 million, a P/E ratio of 24.08 and a beta of 0.57.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 14th. Stockholders of record on Tuesday, May 13th were paid a $0.1213 dividend. This represents a $1.46 annualized dividend and a dividend yield of 6.86%. The ex-dividend date was Tuesday, May 13th.

Strategy Shares NASDAQ 7 HANDL ETF Company Profile

The Strategy Shares Nasdaq 7 Handl Index ETF (HNDL) is an exchange-traded fund that is based on the NASDAQ 7 HANDL index. The fund is a fund of funds that targets a high distribution rate. The funds index reflects a balanced portfolio of US equities, fixed income, and alternative investments HNDL was launched on Jan 17, 2018 and is managed by Strategy Shares.