Amplius Wealth Advisors LLC Grows Stock Position in Saba Closed-End Funds ETF $CEFS

Amplius Wealth Advisors LLC increased its stake in shares of Saba Closed-End Funds ETF (BATS:CEFS) by 2.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,714 shares of the company’s stock after buying an additional 512 shares during the quarter. Amplius Wealth Advisors LLC’s holdings in Saba Closed-End Funds ETF were worth $594,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its position in Saba Closed-End Funds ETF by 11.2% during the second quarter. Envestnet Asset Management Inc. now owns 239,566 shares of the company’s stock worth $5,328,000 after buying an additional 24,049 shares in the last quarter. 3EDGE Asset Management LP lifted its position in Saba Closed-End Funds ETF by 3.5% during the second quarter. 3EDGE Asset Management LP now owns 53,068 shares of the company’s stock worth $1,180,000 after buying an additional 1,805 shares in the last quarter. Columbus Macro LLC lifted its position in Saba Closed-End Funds ETF by 38.1% during the second quarter. Columbus Macro LLC now owns 9,609 shares of the company’s stock worth $214,000 after buying an additional 2,652 shares in the last quarter. XML Financial LLC lifted its position in Saba Closed-End Funds ETF by 54.7% during the second quarter. XML Financial LLC now owns 125,102 shares of the company’s stock worth $2,782,000 after buying an additional 44,240 shares in the last quarter. Finally, Sheets Smith Wealth Management purchased a new position in Saba Closed-End Funds ETF during the second quarter worth approximately $877,000.

Saba Closed-End Funds ETF Stock Performance

Shares of Saba Closed-End Funds ETF stock opened at $22.89 on Friday. Saba Closed-End Funds ETF has a one year low of $18.59 and a one year high of $22.70. The company has a market cap of $304.49 million, a price-to-earnings ratio of 21.88 and a beta of 0.72. The business’s 50 day moving average price is $22.71 and its 200 day moving average price is $22.18.

Saba Closed-End Funds ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Thursday, October 30th will be given a dividend of $0.14 per share. The ex-dividend date is Thursday, October 30th. This represents a c) dividend on an annualized basis and a yield of 7.3%.

Saba Closed-End Funds ETF Company Profile

The Saba Closed-End Funds ETF (CEFS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value and hedging for duration risk.