STF Tactical Growth ETF (NASDAQ:TUG) Shares Down 1.1% – Here’s Why

STF Tactical Growth ETF (NASDAQ:TUGGet Free Report) shares fell 1.1% on Wednesday . The company traded as low as $39.76 and last traded at $39.9840. 2,556 shares changed hands during trading, a decline of 61% from the average session volume of 6,606 shares. The stock had previously closed at $40.41.

STF Tactical Growth ETF Price Performance

The business’s 50-day moving average is $40.15 and its 200 day moving average is $38.86. The firm has a market capitalization of $37.19 million, a P/E ratio of 28.66 and a beta of 0.67.

STF Tactical Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were issued a dividend of $0.6653 per share. This is a boost from STF Tactical Growth ETF’s previous quarterly dividend of $0.00. This represents a $2.66 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend was Wednesday, December 24th.

STF Tactical Growth ETF Company Profile

(Get Free Report)

The STF Tactical Growth ETF (TUG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks long-term capital growth by allocating its exposure to US equity and fixed income securities based on proprietary signals. The fund is actively managed TUG was launched on May 19, 2022 and is managed by STF.

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