IMG Wealth Management Inc. Buys Shares of 4,893 Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL)

IMG Wealth Management Inc. acquired a new position in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 4,893 shares of the company’s stock, valued at approximately $104,000.

A number of other hedge funds also recently modified their holdings of the company. Avantax Advisory Services Inc. lifted its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 9.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 42,277 shares of the company’s stock worth $902,000 after acquiring an additional 3,670 shares during the period. J.W. Cole Advisors Inc. lifted its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 23.4% during the 4th quarter. J.W. Cole Advisors Inc. now owns 27,060 shares of the company’s stock worth $577,000 after buying an additional 5,130 shares during the period. Strategic Financial Concepts LLC bought a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF during the 4th quarter worth approximately $378,000. Allworth Financial LP lifted its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 28.3% during the 4th quarter. Allworth Financial LP now owns 8,127 shares of the company’s stock worth $176,000 after buying an additional 1,792 shares during the period. Finally, Newbridge Financial Services Group Inc. lifted its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 15.9% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 94,117 shares of the company’s stock worth $2,008,000 after buying an additional 12,935 shares during the period.

Strategy Shares NASDAQ 7 HANDL ETF Price Performance

Strategy Shares NASDAQ 7 HANDL ETF stock opened at $20.87 on Monday. The company has a market capitalization of $698.10 million, a PE ratio of 24.17 and a beta of 0.68. Strategy Shares NASDAQ 7 HANDL ETF has a one year low of $20.01 and a one year high of $22.44. The business has a 50 day simple moving average of $21.51 and a 200 day simple moving average of $21.79.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, March 14th. Investors of record on Thursday, March 13th were given a dividend of $0.1223 per share. The ex-dividend date was Thursday, March 13th. This represents a $1.47 annualized dividend and a dividend yield of 7.03%.

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.