LPL Financial LLC Decreases Stock Holdings in Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL)

LPL Financial LLC reduced its stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) by 9.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 717,326 shares of the company’s stock after selling 72,364 shares during the quarter. LPL Financial LLC owned approximately 2.19% of Strategy Shares Nasdaq 7HANDL Index ETF worth $15,128,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Motco bought a new position in Strategy Shares Nasdaq 7HANDL Index ETF during the 1st quarter valued at about $27,000. Avantax Advisory Services Inc. grew its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 4.4% in the first quarter. Avantax Advisory Services Inc. now owns 44,144 shares of the company’s stock valued at $931,000 after purchasing an additional 1,867 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 9.8% in the first quarter. Larson Financial Group LLC now owns 43,535 shares of the company’s stock valued at $918,000 after purchasing an additional 3,900 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Strategy Shares Nasdaq 7HANDL Index ETF by 37.1% during the first quarter. Envestnet Asset Management Inc. now owns 40,130 shares of the company’s stock worth $846,000 after buying an additional 10,853 shares during the period. Finally, IMG Wealth Management Inc. boosted its stake in Strategy Shares Nasdaq 7HANDL Index ETF by 23.2% during the first quarter. IMG Wealth Management Inc. now owns 6,027 shares of the company’s stock worth $127,000 after buying an additional 1,134 shares during the period.

Strategy Shares Nasdaq 7HANDL Index ETF Trading Up 0.0%

NASDAQ:HNDL opened at $21.78 on Thursday. The stock has a fifty day simple moving average of $21.45 and a 200-day simple moving average of $21.17. The company has a market cap of $688.90 million, a price-to-earnings ratio of 24.18 and a beta of 0.57. Strategy Shares Nasdaq 7HANDL Index ETF has a twelve month low of $19.00 and a twelve month high of $22.44.

Strategy Shares Nasdaq 7HANDL Index ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, July 14th were paid a dividend of $0.1266 per share. The ex-dividend date was Monday, July 14th. This is a positive change from Strategy Shares Nasdaq 7HANDL Index ETF’s previous monthly dividend of $0.12. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%.

Strategy Shares Nasdaq 7HANDL Index ETF 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.