Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Trading Down 0.1% – What’s Next?

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) shares traded down 0.1% during mid-day trading on Friday . The company traded as low as $25.46 and last traded at $25.46. 17,429 shares traded hands during trading, a decline of 24% from the average session volume of 23,008 shares. The stock had previously closed at $25.48.

Cabana Target Drawdown 10 ETF Stock Down 0.1%

The firm has a 50 day moving average price of $25.15 and a 200 day moving average price of $24.71. The stock has a market cap of $127.81 million, a PE ratio of 24.72 and a beta of 0.44.

Cabana Target Drawdown 10 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were given a dividend of $0.1782 per share. The ex-dividend date of this dividend was Monday, September 29th. This represents a $0.71 dividend on an annualized basis and a yield of 2.8%. Cabana Target Drawdown 10 ETF’s dividend payout ratio (DPR) is 90.29%.

Institutional Trading of Cabana Target Drawdown 10 ETF

A hedge fund recently raised its stake in Cabana Target Drawdown 10 ETF stock. AdvisorNet Financial Inc lifted its stake in Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) by 260.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,969 shares of the company’s stock after acquiring an additional 1,422 shares during the period. AdvisorNet Financial Inc’s holdings in Cabana Target Drawdown 10 ETF were worth $48,000 at the end of the most recent quarter. 31.57% of the stock is owned by institutional investors and hedge funds.

About Cabana Target Drawdown 10 ETF

The Cabana Target Drawdown 10 ETF (TDSC) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds which aims to provide long-term growth that adjusts an asset allocation to pursue a targeted risk parameter of 10% from peak to trough.