Bare Financial Services Inc Acquires Shares of 344,928 Eventide High Dividend ETF $ELCV

Bare Financial Services Inc bought a new position in Eventide High Dividend ETF (NYSEARCA:ELCV) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 344,928 shares of the company’s stock, valued at approximately $9,224,000. Eventide High Dividend ETF accounts for 2.8% of Bare Financial Services Inc’s investment portfolio, making the stock its 14th biggest position. Bare Financial Services Inc owned about 6.05% of Eventide High Dividend ETF at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Creative Financial Designs Inc. ADV raised its holdings in Eventide High Dividend ETF by 3,276.1% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 510,605 shares of the company’s stock valued at $12,971,000 after buying an additional 495,481 shares during the period. EverSource Wealth Advisors LLC increased its position in Eventide High Dividend ETF by 10.0% during the third quarter. EverSource Wealth Advisors LLC now owns 36,067 shares of the company’s stock valued at $965,000 after acquiring an additional 3,269 shares during the last quarter. Finally, 49 Wealth Management LLC raised its stake in shares of Eventide High Dividend ETF by 6.9% in the second quarter. 49 Wealth Management LLC now owns 27,762 shares of the company’s stock valued at $705,000 after acquiring an additional 1,797 shares during the period.

Eventide High Dividend ETF Trading Up 0.3%

Eventide High Dividend ETF stock opened at $29.67 on Thursday. Eventide High Dividend ETF has a 12-month low of $21.68 and a 12-month high of $29.71. The firm has a 50-day moving average price of $27.96 and a 200-day moving average price of $27.05. The firm has a market capitalization of $169.12 million, a PE ratio of 22.31 and a beta of 1.11.

Eventide High Dividend ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 29th were given a dividend of $0.1839 per share. This represents a $0.74 annualized dividend and a dividend yield of 2.5%. This is a boost from Eventide High Dividend ETF’s previous quarterly dividend of $0.12. The ex-dividend date was Monday, December 29th.

About Eventide High Dividend ETF

The Eventide High Dividend ETF (ELCV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed portfolio of dividend-paying US stocks, selected through fundamental research and values-based principles. The fund seeks income, income growth, and long-term capital appreciation. ELCV was launched on Sep 30, 2024 and is issued by Eventide.