Clough Hedged Equity ETF (NYSEARCA:CBLS) Declares $0.25 Dividend

Clough Hedged Equity ETF (NYSEARCA:CBLS) declared a dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be given a dividend of 0.247 per share on Wednesday, December 31st. The ex-dividend date of this dividend is Tuesday, December 30th.

Clough Hedged Equity ETF Price Performance

CBLS traded down $0.13 during trading hours on Tuesday, hitting $27.64. 4,487 shares of the stock were exchanged, compared to its average volume of 6,294. The stock has a market cap of $40.63 million, a price-to-earnings ratio of 28.48 and a beta of 0.55. Clough Hedged Equity ETF has a 12 month low of $24.37 and a 12 month high of $29.68. The stock has a 50-day simple moving average of $27.92 and a 200-day simple moving average of $28.32.

Hedge Funds Weigh In On Clough Hedged Equity ETF

A hedge fund recently raised its stake in Clough Hedged Equity ETF stock. Raymond James Financial Inc. raised its position in shares of Clough Hedged Equity ETF (NYSEARCA:CBLS) by 0.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 120,523 shares of the company’s stock after purchasing an additional 523 shares during the period. Raymond James Financial Inc. owned 7.83% of Clough Hedged Equity ETF worth $3,150,000 at the end of the most recent quarter.

About Clough Hedged Equity ETF

The Changebridge Capital Long\u002FShort Equity ETF (CBLS) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an alternative strategy that takes both long and short position in US-listed stocks. The actively managed fund will typically be 30%-70% net long exposure. CBLS was launched on Nov 13, 2020 and is managed by Changebridge Capital.