Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Hits New 12-Month High at $22.25

Shares of Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) hit a new 52-week high during trading on Tuesday . The stock traded as high as $22.25 and last traded at $22.24, with a volume of 16194 shares trading hands. The stock had previously closed at $22.22.

Strategy Shares NASDAQ 7 HANDL ETF Stock Up 0.1 %

The business has a 50-day simple moving average of $21.56 and a two-hundred day simple moving average of $21.09. The stock has a market capitalization of $839.94 million, a P/E ratio of 19.76 and a beta of 0.57.

Strategy Shares NASDAQ 7 HANDL ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, September 13th were issued a $0.1287 dividend. This represents a $1.54 annualized dividend and a dividend yield of 6.94%. The ex-dividend date was Friday, September 13th.

Hedge Funds Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

Institutional investors have recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. increased its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 237.2% during the second quarter. Newbridge Financial Services Group Inc. now owns 57,616 shares of the company’s stock worth $1,217,000 after buying an additional 40,527 shares in the last quarter. Strategic Financial Concepts LLC raised its position in Strategy Shares NASDAQ 7 HANDL ETF by 341.1% in the 2nd quarter. Strategic Financial Concepts LLC now owns 41,861 shares of the company’s stock valued at $884,000 after purchasing an additional 32,371 shares during the last quarter. Private Advisor Group LLC boosted its stake in Strategy Shares NASDAQ 7 HANDL ETF by 18.5% in the second quarter. Private Advisor Group LLC now owns 114,017 shares of the company’s stock worth $2,408,000 after purchasing an additional 17,835 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 9.4% during the second quarter. Larson Financial Group LLC now owns 34,925 shares of the company’s stock worth $738,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Asset Allocation Strategies LLC increased its stake in shares of Strategy Shares NASDAQ 7 HANDL ETF by 25.5% in the second quarter. Asset Allocation Strategies LLC now owns 60,585 shares of the company’s stock valued at $1,280,000 after buying an additional 12,314 shares in the last quarter.

Strategy Shares NASDAQ 7 HANDL ETF Company Profile

The Strategy Shares Nasdaq 7 Handl Index ETF (HNDL) is an exchange-traded fund that is based on the NASDAQ 7 HANDL index. The fund is a fund of funds that targets a high distribution rate. The funds index reflects a balanced portfolio of US equities, fixed income, and alternative investments HNDL was launched on Jan 17, 2018 and is managed by Strategy Shares.