Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Stock Price Down 0.4% – What’s Next?

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) fell 0.4% during trading on Friday . The stock traded as low as $27.53 and last traded at $27.53. 2,856 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 13,533 shares. The stock had previously closed at $27.65.

Cabana Target Drawdown 10 ETF Stock Performance

The business has a 50-day simple moving average of $27.70 and a two-hundred day simple moving average of $26.81. The stock has a market cap of $101.04 million, a price-to-earnings ratio of 26.73 and a beta of 0.46.

Cabana Target Drawdown 10 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 26th were given a $0.0797 dividend. This is a boost from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.06. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, June 26th. Cabana Target Drawdown 10 ETF’s payout ratio is presently 42.72%.

Cabana Target Drawdown 10 ETF Company Profile

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. TDSC was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.