Wahed Dow Jones Islamic World ETF $UMMA Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its position in Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) by 6.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,070 shares of the company’s stock after buying an additional 967 shares during the quarter. Farther Finance Advisors LLC owned about 0.29% of Wahed Dow Jones Islamic World ETF worth $401,000 at the end of the most recent reporting period.

Wahed Dow Jones Islamic World ETF Stock Down 0.4%

Shares of NASDAQ UMMA opened at $27.14 on Monday. Wahed Dow Jones Islamic World ETF has a 12 month low of $20.85 and a 12 month high of $28.15. The company has a market cap of $157.41 million, a price-to-earnings ratio of 23.30 and a beta of 1.03. The business has a fifty day simple moving average of $26.64 and a 200-day simple moving average of $25.58.

Wahed Dow Jones Islamic World ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Wednesday, September 24th were paid a $0.23 dividend. The ex-dividend date was Wednesday, September 24th. This represents a $0.92 annualized dividend and a yield of 3.4%. This is a boost from Wahed Dow Jones Islamic World ETF’s previous quarterly dividend of $0.01.

Wahed Dow Jones Islamic World ETF Profile

The Wahed Dow Jones Islamic World ETF (UMMA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of global ex-US securities that are determined to be Shariah-compliant based on business activities and accounting criteria. Holdings are also screened to assess ESG risks.