Shell Asset Management Co. Grows Holdings in KraneShares Bosera MSCI China A 50 Connect Index ETF $KBA

Shell Asset Management Co. lifted its stake in KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) by 29.6% during the third quarter, HoldingsChannel reports. The firm owned 139,850 shares of the company’s stock after purchasing an additional 31,950 shares during the period. Shell Asset Management Co.’s holdings in KraneShares Bosera MSCI China A 50 Connect Index ETF were worth $4,205,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Future Financial Wealth Managment LLC bought a new stake in KraneShares Bosera MSCI China A 50 Connect Index ETF during the 3rd quarter valued at about $30,000. Osaic Holdings Inc. increased its position in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 10.5% during the second quarter. Osaic Holdings Inc. now owns 4,132 shares of the company’s stock worth $100,000 after acquiring an additional 394 shares during the period. Laurel Wealth Advisors LLC raised its stake in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 2,328.0% during the second quarter. Laurel Wealth Advisors LLC now owns 9,712 shares of the company’s stock valued at $236,000 after acquiring an additional 9,312 shares in the last quarter. Mutual Advisors LLC bought a new stake in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF during the third quarter valued at approximately $259,000. Finally, Corient Private Wealth LLC purchased a new stake in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF in the second quarter valued at approximately $268,000.

KraneShares Bosera MSCI China A 50 Connect Index ETF Stock Down 0.4%

KBA opened at $30.43 on Friday. The stock’s fifty day moving average is $30.93 and its two-hundred day moving average is $29.71. The company has a market capitalization of $209.97 million, a P/E ratio of 13.75 and a beta of 0.10. KraneShares Bosera MSCI China A 50 Connect Index ETF has a 52 week low of $20.70 and a 52 week high of $31.94.

KraneShares Bosera MSCI China A 50 Connect Index ETF Dividend Announcement

The company also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were paid a dividend of $0.4832 per share. The ex-dividend date was Monday, December 22nd. This represents a dividend yield of 158.0%.

KraneShares Bosera MSCI China A 50 Connect Index ETF Company Profile

The KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) is an exchange-traded fund that is based on the MSCI China A 50 Connect index. The fund tracks a subset of market cap-weighted large- and mid-cap Chinese equities listed in Shanghai and Shenzhen. KBA was launched on Mar 5, 2014 and is managed by KraneShares.