Creative Planning Reduces Stake in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL)

Creative Planning trimmed its stake in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) by 12.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,259 shares of the company’s stock after selling 7,886 shares during the quarter. Creative Planning owned approximately 0.15% of Strategy Shares NASDAQ 7 HANDL ETF worth $1,207,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Dynamic Advisor Solutions LLC raised its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 3.5% in the second quarter. Dynamic Advisor Solutions LLC now owns 18,074 shares of the company’s stock valued at $382,000 after purchasing an additional 612 shares during the period. Advisory Alpha LLC raised its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 6.0% in the first quarter. Advisory Alpha LLC now owns 13,872 shares of the company’s stock valued at $294,000 after purchasing an additional 788 shares during the period. Avantax Advisory Services Inc. raised its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 3.6% in the first quarter. Avantax Advisory Services Inc. now owns 38,162 shares of the company’s stock valued at $809,000 after purchasing an additional 1,332 shares during the period. Larson Financial Group LLC raised its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 9.4% in the second quarter. Larson Financial Group LLC now owns 34,925 shares of the company’s stock valued at $738,000 after purchasing an additional 3,000 shares during the period. Finally, OxenFree Capital LLC raised its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 8.7% in the second quarter. OxenFree Capital LLC now owns 45,164 shares of the company’s stock valued at $954,000 after purchasing an additional 3,601 shares during the period.

Strategy Shares NASDAQ 7 HANDL ETF Trading Down 0.2 %

Strategy Shares NASDAQ 7 HANDL ETF stock opened at $21.73 on Thursday. The firm’s 50 day simple moving average is $22.02 and its 200 day simple moving average is $21.34. The firm has a market capitalization of $787.71 million, a PE ratio of 19.76 and a beta of 0.57. Strategy Shares NASDAQ 7 HANDL ETF has a 1-year low of $18.42 and a 1-year high of $22.34.

Strategy Shares NASDAQ 7 HANDL ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, October 11th were paid a $0.1288 dividend. This is a boost from Strategy Shares NASDAQ 7 HANDL ETF’s previous monthly dividend of $0.13. The ex-dividend date was Friday, October 11th. This represents a $1.55 dividend on an annualized basis and a dividend yield of 7.11%.

Strategy Shares NASDAQ 7 HANDL ETF Profile

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.