Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Shares Down 0.2% – Should You Sell?

Swan Hedged Equity US Large Cap ETF (BATS:HEGD)’s share price was down 0.2% during trading on Thursday . The company traded as low as $25.34 and last traded at $25.42. Approximately 90,969 shares were traded during trading, a decline of 20% from the average daily volume of 113,283 shares. The stock had previously closed at $25.48.

Swan Hedged Equity US Large Cap ETF Price Performance

The firm has a market cap of $461.63 million, a price-to-earnings ratio of 25.32 and a beta of 0.55. The business has a 50-day moving average of $25.42 and a 200-day moving average of $25.07.

Swan Hedged Equity US Large Cap ETF Announces Dividend

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its position 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 buying an additional 1,689 shares in the last quarter. Mosaic Family Wealth Partners LLC acquired a new position in Swan Hedged Equity US Large Cap ETF in the 4th quarter valued at $230,000. Integrated Wealth Concepts LLC lifted its position in shares of Swan Hedged Equity US Large Cap ETF by 6.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 14,233 shares of the company’s stock valued at $355,000 after acquiring an additional 889 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of Swan Hedged Equity US Large Cap ETF during the 2nd quarter worth $1,478,000. Finally, Baird Financial Group Inc. increased its position in shares of Swan Hedged Equity US Large Cap ETF by 60.5% in the second 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 period.

Swan Hedged Equity US Large Cap ETF Company Profile

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.