Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Trading 0.7% Higher – What’s Next?

Swan Hedged Equity US Large Cap ETF (BATS:HEGD) was up 0.7% during trading on Wednesday . The company traded as high as $25.37 and last traded at $25.39. Approximately 122,736 shares traded hands during trading, an increase of 53% from the average daily volume of 80,031 shares. The stock had previously closed at $25.21.

Swan Hedged Equity US Large Cap ETF Stock Performance

The firm has a market capitalization of $461.08 million, a PE ratio of 25.32 and a beta of 0.55. The company’s fifty day moving average price is $25.42 and its two-hundred day moving average price is $24.91.

Swan Hedged Equity US Large Cap ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were given a dividend of $0.0903 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a yield of 36.0%.

Institutional Investors Weigh In On Swan Hedged Equity US Large Cap ETF

A number of institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its stake in shares of Swan Hedged Equity US Large Cap ETF by 27.3% in the second quarter. EverSource Wealth Advisors LLC now owns 7,866 shares of the company’s stock worth $185,000 after acquiring an additional 1,689 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of Swan Hedged Equity US Large Cap ETF by 6.7% in the third quarter. Integrated Wealth Concepts LLC now owns 14,233 shares of the company’s stock worth $355,000 after acquiring an additional 889 shares during the last quarter. JPMorgan Chase & Co. bought a new position in Swan Hedged Equity US Large Cap ETF during the second quarter worth $1,478,000. Baird Financial Group Inc. increased its position in Swan Hedged Equity US Large Cap ETF by 60.5% during the second quarter. Baird Financial Group Inc. now owns 73,253 shares of the company’s stock worth $1,721,000 after acquiring an additional 27,617 shares during the period. Finally, Marshall & Sterling Wealth Advisors Inc. raised its stake in Swan Hedged Equity US Large Cap ETF by 1.4% during the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 162,438 shares of the company’s stock valued at $4,048,000 after purchasing an additional 2,216 shares during the last quarter.

Swan Hedged Equity US Large Cap ETF Company Profile

The Swan Hedged Equity US Large Cap ETF (HEGD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides hedged exposure to US large-cap companies using ETFs and options. HEGD was launched on Dec 22, 2020 and is managed by Swan.