Flagstar Advisors Inc. Sells 8,039 Shares of VanEck Digital Transformation ETF (NASDAQ:DAPP)

Flagstar Advisors Inc. lessened its position in shares of VanEck Digital Transformation ETF (NASDAQ:DAPP) by 7.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 106,680 shares of the company’s stock after selling 8,039 shares during the period. Flagstar Advisors Inc. owned approximately 0.77% of VanEck Digital Transformation ETF worth $1,533,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC lifted its holdings in shares of VanEck Digital Transformation ETF by 1,134.9% during the third quarter. Jane Street Group LLC now owns 533,518 shares of the company’s stock worth $6,274,000 after purchasing an additional 490,316 shares during the period. Flow Traders U.S. LLC raised its position in VanEck Digital Transformation ETF by 844.5% in the third quarter. Flow Traders U.S. LLC now owns 298,318 shares of the company’s stock worth $3,508,000 after acquiring an additional 266,734 shares during the period. Geneos Wealth Management Inc. bought a new stake in VanEck Digital Transformation ETF in the 4th quarter valued at about $2,791,000. WJ Wealth Management LLC purchased a new stake in shares of VanEck Digital Transformation ETF in the fourth quarter worth about $1,324,000. Finally, Gainplan LLC raised its holdings in shares of VanEck Digital Transformation ETF by 3.0% in the 4th quarter. Gainplan LLC now owns 89,446 shares of the company’s stock valued at $1,285,000 after acquiring an additional 2,635 shares in the last quarter.

VanEck Digital Transformation ETF Price Performance

Shares of NASDAQ DAPP opened at $14.83 on Wednesday. VanEck Digital Transformation ETF has a one year low of $8.36 and a one year high of $20.71. The stock has a market capitalization of $206.14 million, a P/E ratio of 2.89 and a beta of 2.90. The firm’s 50 day simple moving average is $15.94 and its two-hundred day simple moving average is $14.17.

VanEck Digital Transformation ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued a $0.5808 dividend. The ex-dividend date was Monday, December 23rd.

VanEck Digital Transformation ETF Profile

The VanEck Digital Transformation ETF (DAPP) is an exchange-traded fund that is based on the MVIS Global Digital Assets Equity index, a market-cap-weighted index of global innovative companies that are involved in the digitalization of the worlds economy through a diverse range of digital assets. DAPP was launched on Apr 12, 2021 and is managed by VanEck.