Kingswood Wealth Advisors LLC Has $326,000 Stock Position in STF Tactical Growth ETF (NASDAQ:TUG)

Kingswood Wealth Advisors LLC lowered its holdings in shares of STF Tactical Growth ETF (NASDAQ:TUG) by 49.7% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,242 shares of the company’s stock after selling 10,140 shares during the period. Kingswood Wealth Advisors LLC owned about 0.18% of STF Tactical Growth ETF worth $326,000 as of its most recent filing with the SEC.

STF Tactical Growth ETF Stock Down 0.6 %

Shares of TUG stock opened at $34.28 on Friday. The firm has a market capitalization of $199.51 million, a P/E ratio of 35.32 and a beta of -1.09. STF Tactical Growth ETF has a twelve month low of $25.51 and a twelve month high of $34.84. The stock’s fifty day simple moving average is $32.61 and its 200 day simple moving average is $31.29.

STF Tactical Growth ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a dividend of $0.0179 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.07 dividend on an annualized basis and a yield of 0.21%.

STF Tactical Growth ETF Profile

The STF Tactical Growth ETF (TUG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks long-term capital growth by allocating its exposure to US equity and fixed income securities based on proprietary signals. The fund is actively managed TUG was launched on May 19, 2022 and is managed by STF.