Kingswood Wealth Advisors LLC Sells 2,800 Shares of Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL)

Kingswood Wealth Advisors LLC lessened its position in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) by 15.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,600 shares of the company’s stock after selling 2,800 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Strategy Shares NASDAQ 7 HANDL ETF were worth $329,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cetera Investment Advisers increased its stake in shares of Strategy Shares NASDAQ 7 HANDL ETF by 160.8% in the first quarter. Cetera Investment Advisers now owns 184,528 shares of the company’s stock worth $3,914,000 after purchasing an additional 113,777 shares during the period. Avantax Advisory Services Inc. lifted its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 3.6% during the first quarter. Avantax Advisory Services Inc. now owns 38,162 shares of the company’s stock worth $809,000 after buying an additional 1,332 shares during the last quarter. Kades & Cheifetz LLC boosted its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 94.2% in the first quarter. Kades & Cheifetz LLC now owns 431,236 shares of the company’s stock valued at $9,147,000 after acquiring an additional 209,183 shares during the period. Advisory Alpha LLC grew its stake in shares of Strategy Shares NASDAQ 7 HANDL ETF by 6.0% in the first quarter. Advisory Alpha LLC now owns 13,872 shares of the company’s stock worth $294,000 after acquiring an additional 788 shares during the last quarter. Finally, Larson Financial Group LLC increased its position in Strategy Shares NASDAQ 7 HANDL ETF by 27.4% during the first quarter. Larson Financial Group LLC now owns 31,925 shares of the company’s stock worth $677,000 after acquiring an additional 6,860 shares during the period.

Strategy Shares NASDAQ 7 HANDL ETF Price Performance

NASDAQ HNDL opened at $21.11 on Thursday. The company’s fifty day moving average is $21.18 and its two-hundred day moving average is $20.89. Strategy Shares NASDAQ 7 HANDL ETF has a 52-week low of $18.30 and a 52-week high of $21.69. The firm has a market capitalization of $796.90 million, a price-to-earnings ratio of 19.76 and a beta of 0.57.

Strategy Shares NASDAQ 7 HANDL ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, July 12th were issued a $0.1254 dividend. This is a boost from Strategy Shares NASDAQ 7 HANDL ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Friday, July 12th. This represents a $1.51 annualized dividend and a yield of 7.13%.

Strategy Shares NASDAQ 7 HANDL ETF 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.