Saba Closed-End Funds ETF (BATS:CEFS) Shares Purchased by Future Financial Wealth Managment LLC

Future Financial Wealth Managment LLC boosted its holdings in Saba Closed-End Funds ETF (BATS:CEFS) by 47.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,950 shares of the company’s stock after purchasing an additional 950 shares during the quarter. Future Financial Wealth Managment LLC’s holdings in Saba Closed-End Funds ETF were worth $63,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Foundations Investment Advisors LLC lifted its stake in shares of Saba Closed-End Funds ETF by 12.6% during the third quarter. Foundations Investment Advisors LLC now owns 217,417 shares of the company’s stock worth $4,838,000 after purchasing an additional 24,350 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Saba Closed-End Funds ETF by 36.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 58,531 shares of the company’s stock valued at $1,302,000 after purchasing an additional 15,517 shares during the last quarter. Fortress Wealth Management Inc. increased its stake in shares of Saba Closed-End Funds ETF by 4.3% in the third quarter. Fortress Wealth Management Inc. now owns 340,909 shares of the company’s stock worth $7,585,000 after buying an additional 14,164 shares during the last quarter. XML Financial LLC grew its stake in Saba Closed-End Funds ETF by 79.1% in the third quarter. XML Financial LLC now owns 32,026 shares of the company’s stock worth $713,000 after purchasing an additional 14,141 shares in the last quarter. Finally, Napa Wealth Management raised its stake in Saba Closed-End Funds ETF by 34.4% during the third quarter. Napa Wealth Management now owns 43,489 shares of the company’s stock valued at $968,000 after buying an additional 11,138 shares in the last quarter.

Saba Closed-End Funds ETF Stock Performance

Shares of BATS CEFS traded down $0.14 during trading on Monday, reaching $21.51. The stock had a trading volume of 335,033 shares. The firm’s 50 day moving average price is $22.04 and its two-hundred day moving average price is $21.83. Saba Closed-End Funds ETF has a one year low of $19.83 and a one year high of $22.14. The stock has a market cap of $198.97 million, a PE ratio of 18.35 and a beta of 0.72.

Saba Closed-End Funds ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were given a $0.2197 dividend. This is a boost from Saba Closed-End Funds ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Monday, December 30th.

Saba Closed-End Funds ETF 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.