TBG Dividend Focus ETF (NYSEARCA:TBG – Get Free Report) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 22,233 shares, a growth of 105.5% from the March 15th total of 10,821 shares. Based on an average daily volume of 23,048 shares, the short-interest ratio is presently 1.0 days. Currently, 0.4% of the company’s stock are sold short.
TBG Dividend Focus ETF Trading Up 0.5%
Shares of TBG traded up $0.16 during mid-day trading on Tuesday, hitting $35.58. The company’s stock had a trading volume of 40,916 shares, compared to its average volume of 29,113. The company’s 50-day moving average is $35.72 and its 200-day moving average is $34.30. TBG Dividend Focus ETF has a 52-week low of $29.42 and a 52-week high of $36.97. The firm has a market capitalization of $226.64 million, a price-to-earnings ratio of 17.05 and a beta of 0.69.
Institutional Trading of TBG Dividend Focus ETF
Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada acquired a new stake in TBG Dividend Focus ETF in the 4th quarter worth approximately $25,000. Osaic Holdings Inc. acquired a new stake in TBG Dividend Focus ETF during the 2nd quarter valued at approximately $54,000. CWM LLC acquired a new stake in TBG Dividend Focus ETF during the 3rd quarter valued at approximately $151,000. Geneos Wealth Management Inc. lifted its stake in TBG Dividend Focus ETF by 3,032.3% during the 3rd quarter. Geneos Wealth Management Inc. now owns 4,855 shares of the company’s stock valued at $161,000 after acquiring an additional 4,700 shares during the period. Finally, Keel Point LLC acquired a new stake in TBG Dividend Focus ETF during the 3rd quarter valued at approximately $208,000.
About TBG Dividend Focus ETF
The TBG Dividend Focus ETF (TBG) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed portfolio of dividend-paying US companies selected using fundamental analysis. The fund seeks to provide income and long-term capital appreciation TBG was launched on Nov 6, 2023 and is issued by EA Series Trust.
Further Reading
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