STF Tactical Growth ETF (NASDAQ:TUG) Shares Down 0.3% – Here’s Why

Shares of STF Tactical Growth ETF (NASDAQ:TUG) fell 0.3% during trading on Friday . The stock traded as low as $38.88 and last traded at $39.05. 1,744 shares changed hands during trading, a decline of 75% from the average session volume of 6,968 shares. The stock had previously closed at $39.16.

STF Tactical Growth ETF Trading Down 0.3%

The company has a market cap of $34.36 million, a price-to-earnings ratio of 28.66 and a beta of 0.67. The stock’s 50-day moving average is $39.73 and its 200-day moving average is $39.46.

STF Tactical Growth ETF Increases Dividend

The business also recently disclosed 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 an increase from STF Tactical Growth ETF’s previous quarterly dividend of $0.00. This represents a $2.66 annualized dividend and a dividend yield of 6.8%. The ex-dividend date was Wednesday, December 24th.

About STF Tactical Growth ETF

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.