Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Shares Down 0.2% – Here’s What Happened

Shares of Swan Hedged Equity US Large Cap ETF (BATS:HEGD) traded down 0.2% during trading on Thursday . The company traded as low as $24.77 and last traded at $24.84. 48,111 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 118,938 shares. The stock had previously closed at $24.90.

Swan Hedged Equity US Large Cap ETF Stock Down 0.2%

The firm has a market cap of $451.09 million, a price-to-earnings ratio of 25.32 and a beta of 0.55. The company’s fifty day moving average is $25.35 and its 200 day moving average is $25.18.

Swan Hedged Equity US Large Cap ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a dividend of $0.0903 per share. This represents a dividend yield of 36.0%. The ex-dividend date was Tuesday, December 23rd.

Institutional Trading of Swan Hedged Equity US Large Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC raised its holdings in Swan Hedged Equity US Large Cap ETF by 27.3% during the second quarter. EverSource Wealth Advisors LLC now owns 7,866 shares of the company’s stock worth $185,000 after acquiring an additional 1,689 shares in the last quarter. Mosaic Family Wealth Partners LLC bought a new position in Swan Hedged Equity US Large Cap ETF in the fourth quarter valued at approximately $230,000. Integrated Wealth Concepts LLC grew its stake in Swan Hedged Equity US Large Cap ETF by 6.7% in the third quarter. Integrated Wealth Concepts LLC now owns 14,233 shares of the company’s stock valued at $355,000 after purchasing an additional 889 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Swan Hedged Equity US Large Cap ETF during the 2nd quarter worth approximately $1,478,000. Finally, Baird Financial Group Inc. increased its position in shares of Swan Hedged Equity US Large Cap ETF by 60.5% during the 2nd quarter. Baird Financial Group Inc. now owns 73,253 shares of the company’s stock worth $1,721,000 after purchasing an additional 27,617 shares during the last quarter.

About Swan Hedged Equity US Large Cap ETF

The Swan Hedged Equity US Large Cap ETF (HEGD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides hedged exposure to US large-cap companies using ETFs and options. HEGD was launched on Dec 22, 2020 and is managed by Swan.