Farther Finance Advisors LLC Purchases 70,043 Shares of Unlimited HFND Multi-Strategy Return Tracker ETF $HFND

Farther Finance Advisors LLC grew its position in shares of Unlimited HFND Multi-Strategy Return Tracker ETF (NYSEARCA:HFND) by 8,060.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 70,912 shares of the company’s stock after buying an additional 70,043 shares during the quarter. Farther Finance Advisors LLC owned 5.25% of Unlimited HFND Multi-Strategy Return Tracker ETF worth $1,674,000 as of its most recent filing with the Securities & Exchange Commission.

Unlimited HFND Multi-Strategy Return Tracker ETF Trading Up 1.2%

Shares of HFND opened at $22.92 on Friday. The stock has a 50 day moving average of $23.74 and a 200 day moving average of $23.11. The company has a market capitalization of $32.09 million, a price-to-earnings ratio of 17.86 and a beta of 0.50. Unlimited HFND Multi-Strategy Return Tracker ETF has a 12 month low of $19.34 and a 12 month high of $24.52.

Unlimited HFND Multi-Strategy Return Tracker ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were paid a dividend of $1.1454 per share. This represents a dividend yield of 506.0%. The ex-dividend date was Wednesday, December 24th.

About Unlimited HFND Multi-Strategy Return Tracker ETF

The Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to outperform the hedge fund industry by taking long and short positions in broad-based ETFs and futures contracts. The fund attempts to build a portfolio with similar return characteristics to the hedge fund industry gross of fees returns. HFND was launched on Oct 10, 2022 and is managed by Tidal ETFs.