TrueShares Low Volatility Equity Income ETF $DIVZ is 49 Wealth Management LLC’s 2nd Largest Position

49 Wealth Management LLC raised its position in TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) by 16.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,055,122 shares of the company’s stock after purchasing an additional 430,496 shares during the quarter. TrueShares Low Volatility Equity Income ETF comprises 11.0% of 49 Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest position. 49 Wealth Management LLC owned 59.90% of TrueShares Low Volatility Equity Income ETF worth $107,000,000 at the end of the most recent quarter.

TrueShares Low Volatility Equity Income ETF Stock Up 1.0%

NYSEARCA:DIVZ opened at $35.37 on Monday. TrueShares Low Volatility Equity Income ETF has a 52 week low of $30.37 and a 52 week high of $36.66. The company has a market capitalization of $201.26 million, a P/E ratio of 17.36 and a beta of 0.65. The stock’s fifty day moving average is $35.97 and its two-hundred day moving average is $35.25.

TrueShares Low Volatility Equity Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 31st. Investors of record on Thursday, October 30th were issued a $0.0817 dividend. This is an increase from TrueShares Low Volatility Equity Income ETF’s previous monthly dividend of $0.04. The ex-dividend date was Thursday, October 30th. This represents a c) annualized dividend and a yield of 2.8%.

TrueShares Low Volatility Equity Income ETF Profile

The TrueShares Low Volatility Equity Income ETF (DIVZ) is an exchange-traded fund that mostly invests in total market equity. The fund holds an actively-managed, concentrated portfolio of US-listed companies that are favorably valued and have attractive dividends. The fund also seeks to deliver lower volatility than the overall market.