Cabana Target Drawdown 7 ETF (NASDAQ:TDSB – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $24.73 and traded as high as $24.78. Cabana Target Drawdown 7 ETF shares last traded at $24.78, with a volume of 1,236 shares traded.
Cabana Target Drawdown 7 ETF Trading Down 0.1%
The company has a 50 day moving average price of $24.72 and a 200 day moving average price of $24.72. The firm has a market cap of $47.95 million, a PE ratio of 20.85 and a beta of 0.32.
Cabana Target Drawdown 7 ETF Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were issued a $0.0435 dividend. This represents a $0.17 annualized dividend and a yield of 0.7%. This is a negative change from Cabana Target Drawdown 7 ETF’s previous quarterly dividend of $0.1260. The ex-dividend date of this dividend was Monday, September 28th.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Cabana Target Drawdown 7 ETF stock. Continuum Advisory LLC purchased a new position in shares of Cabana Target Drawdown 7 ETF (NASDAQ:TDSB – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,990 shares of the company’s stock, valued at approximately $147,000. Continuum Advisory LLC owned about 0.30% of Cabana Target Drawdown 7 ETF as of its most recent SEC filing.
About Cabana Target Drawdown 7 ETF
The Cabana Target Drawdown 7 ETF (TDSB) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds which aims to provide long-term growth that adjusts an asset allocation to pursue a targeted risk parameter of 7% from peak to trough. TDSB was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.
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