Centerline Wealth Advisors LLC Makes New Investment in Abacus FCF Real Assets Leaders ETF $ABLD

Centerline Wealth Advisors LLC bought a new stake in shares of Abacus FCF Real Assets Leaders ETF (BATS:ABLD) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 52,029 shares of the company’s stock, valued at approximately $1,514,000. Centerline Wealth Advisors LLC owned approximately 2.67% of Abacus FCF Real Assets Leaders ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in ABLD. JPMorgan Chase & Co. bought a new position in shares of Abacus FCF Real Assets Leaders ETF in the 2nd quarter worth $49,299,000. Sagespring Wealth Partners LLC boosted its position in Abacus FCF Real Assets Leaders ETF by 5.5% during the third quarter. Sagespring Wealth Partners LLC now owns 1,644,946 shares of the company’s stock valued at $47,335,000 after purchasing an additional 85,197 shares in the last quarter. Unique Wealth LLC grew its stake in Abacus FCF Real Assets Leaders ETF by 21.3% in the third quarter. Unique Wealth LLC now owns 155,838 shares of the company’s stock valued at $4,484,000 after purchasing an additional 27,381 shares during the last quarter. Osaic Holdings Inc. purchased a new position in Abacus FCF Real Assets Leaders ETF in the second quarter valued at about $158,000. Finally, Cyndeo Wealth Partners LLC raised its holdings in Abacus FCF Real Assets Leaders ETF by 6.5% in the third quarter. Cyndeo Wealth Partners LLC now owns 38,667 shares of the company’s stock worth $1,113,000 after purchasing an additional 2,346 shares in the last quarter.

Abacus FCF Real Assets Leaders ETF Stock Performance

ABLD stock opened at $30.12 on Monday. The firm has a market cap of $58.73 million, a price-to-earnings ratio of 18.54 and a beta of 0.91. The firm has a 50-day simple moving average of $32.06 and a two-hundred day simple moving average of $30.02. Abacus FCF Real Assets Leaders ETF has a one year low of $24.31 and a one year high of $34.09.

Abacus FCF Real Assets Leaders ETF Profile

The Abacus FCF Real Assets Leaders ETF (ABLD) is an exchange-traded fund that is based on the FCF Yield Enhanced Real Asset index. The fund tracks an index that seeks to provide exposure to US real assets companies of all sizes with strong free cash flow, earnings, and dividend yield. ABLD was launched on Dec 13, 2021 and is issued by Abacus.