Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Stock Price Down 1.3%

Posted by Defense World Staff on Sep 7th, 2024

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC – Get Free Report)’s stock price was down 1.3% on Friday . The company traded as low as $24.31 and last traded at $24.37. Approximately 25,477 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 89,698 shares. The stock had previously closed at $24.69.

Cabana Target Drawdown 10 ETF Trading Down 1.3 %

The company has a market capitalization of $228.35 million, a price-to-earnings ratio of 23.66 and a beta of 0.40. The firm’s 50 day simple moving average is $24.55 and its 200-day simple moving average is $24.13.

Cabana Target Drawdown 10 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Monday, June 24th were issued a $0.0323 dividend. This represents a $0.13 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date of this dividend was Monday, June 24th. Cabana Target Drawdown 10 ETF’s dividend payout ratio is presently 49.51%.

Hedge Funds Weigh In On Cabana Target Drawdown 10 ETF

An institutional investor recently bought a new position in Cabana Target Drawdown 10 ETF stock. Davis R M Inc. bought a new stake in Cabana Target Drawdown 10 ETF (NASDAQ:TDSC – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,653 shares of the company’s stock, valued at approximately $341,000. Davis R M Inc. owned about 0.12% of Cabana Target Drawdown 10 ETF as of its most recent filing with the Securities & Exchange Commission. 31.57% of the stock is currently owned by institutional investors.

Cabana Target Drawdown 10 ETF Company Profile

(Get Free Report)

The Cabana Target Drawdown 10 ETF (TDSC) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds which aims to provide long-term growth that adjusts an asset allocation to pursue a targeted risk parameter of 10% from peak to trough.