STF Tactical Growth ETF (NASDAQ:TUG) Trading Down 1.4% – Here’s What Happened

STF Tactical Growth ETF (NASDAQ:TUG) shares were down 1.4% on Thursday . The stock traded as low as $38.38 and last traded at $38.42. Approximately 6,211 shares traded hands during mid-day trading, an increase of 0% from the average daily volume of 6,200 shares. The stock had previously closed at $38.95.

STF Tactical Growth ETF Trading Down 1.4%

The company’s 50 day moving average price is $40.21 and its two-hundred day moving average price is $39.24. The firm has a market cap of $33.81 million, a PE ratio of 28.66 and a beta of 0.67.

STF Tactical Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were given a dividend of $0.6653 per share. This represents a $2.66 annualized dividend and a yield of 6.9%. This is a boost from STF Tactical Growth ETF’s previous quarterly dividend of $0.00. 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.