XML Financial LLC Buys 14,141 Shares of Saba Closed-End Funds ETF (BATS:CEFS)

XML Financial LLC raised its stake in shares of Saba Closed-End Funds ETF (BATS:CEFS) by 79.1% in the 3rd quarter, Holdings Channel reports. The firm owned 32,026 shares of the company’s stock after acquiring an additional 14,141 shares during the period. XML Financial LLC’s holdings in Saba Closed-End Funds ETF were worth $713,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in CEFS. Farther Finance Advisors LLC purchased a new position in Saba Closed-End Funds ETF during the 3rd quarter valued at approximately $36,000. Future Financial Wealth Managment LLC bought a new position in shares of Saba Closed-End Funds ETF during the 3rd quarter valued at approximately $44,000. Anfield Capital Management LLC purchased a new position in shares of Saba Closed-End Funds ETF in the second quarter valued at $64,000. NBC Securities Inc. increased its position in Saba Closed-End Funds ETF by 62.4% in the third quarter. NBC Securities Inc. now owns 3,827 shares of the company’s stock worth $85,000 after purchasing an additional 1,470 shares during the last quarter. Finally, Calton & Associates Inc. purchased a new stake in Saba Closed-End Funds ETF during the third quarter valued at $201,000.

Saba Closed-End Funds ETF Stock Up 1.2 %

Shares of BATS:CEFS opened at $22.39 on Monday. The firm has a fifty day simple moving average of $22.02 and a two-hundred day simple moving average of $21.37. Saba Closed-End Funds ETF has a 52 week low of $19.83 and a 52 week high of $22.14. The stock has a market capitalization of $207.11 million, a P/E ratio of 18.35 and a beta of 0.72.

Saba Closed-End Funds ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, August 27th. Stockholders of record on Monday, August 26th were paid a $0.14 dividend. The ex-dividend date was Monday, August 26th.

About Saba Closed-End Funds ETF

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.