Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) to Issue Monthly Dividend of $0.13

Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) declared a monthly dividend on Wednesday, June 10th, NASDAQ Dividends reports. Investors of record on Thursday, June 11th will be given a dividend of 0.1323 per share on Friday, June 12th. This represents a c) dividend on an annualized basis and a yield of 7.0%. The ex-dividend date is Thursday, June 11th.

Strategy Shares Nasdaq 7HANDL Index ETF Trading Up 0.5%

NASDAQ:HNDL traded up $0.11 during midday trading on Thursday, reaching $22.67. The company had a trading volume of 50,932 shares, compared to its average volume of 70,592. The firm has a market capitalization of $642.24 million, a price-to-earnings ratio of 24.18 and a beta of 0.73. The stock’s fifty day simple moving average is $22.58 and its 200-day simple moving average is $22.35. Strategy Shares Nasdaq 7HANDL Index ETF has a 12-month low of $21.06 and a 12-month high of $23.00.

Hedge Funds Weigh In On Strategy Shares Nasdaq 7HANDL Index ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Arkadios Wealth Advisors boosted its stake in Strategy Shares Nasdaq 7HANDL Index ETF by 3.6% during the fourth quarter. Arkadios Wealth Advisors now owns 14,196 shares of the company’s stock worth $313,000 after buying an additional 497 shares during the period. Beam Wealth Advisors Inc. boosted its stake in Strategy Shares Nasdaq 7HANDL Index ETF by 3.0% during the first quarter. Beam Wealth Advisors Inc. now owns 24,188 shares of the company’s stock worth $528,000 after buying an additional 705 shares during the period. Newbridge Financial Services Group Inc. boosted its stake in Strategy Shares Nasdaq 7HANDL Index ETF by 0.8% during the third quarter. Newbridge Financial Services Group Inc. now owns 98,884 shares of the company’s stock worth $2,203,000 after buying an additional 775 shares during the period. OxenFree Capital LLC boosted its stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 1.8% during the fourth quarter. OxenFree Capital LLC now owns 43,989 shares of the company’s stock valued at $969,000 after purchasing an additional 783 shares during the period. Finally, Garton & Associates Financial Advisors LLC purchased a new stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF during the fourth quarter valued at $25,000.

About Strategy Shares Nasdaq 7HANDL Index ETF

The Strategy Shares Nasdaq 7 Handl Index ETF (HNDL) is an exchange-traded fund that is based on the NASDAQ 7 HANDL index. The fund is a fund of funds that targets a high distribution rate. The funds index reflects a balanced portfolio of US equities, fixed income, and alternative investments HNDL was launched on Jan 17, 2018 and is managed by Strategy Shares.