Farther Finance Advisors LLC Acquires New Holdings in Saba Closed-End Funds ETF (BATS:CEFS)

Farther Finance Advisors LLC bought a new position in Saba Closed-End Funds ETF (BATS:CEFS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,630 shares of the company’s stock, valued at approximately $36,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Future Financial Wealth Managment LLC bought a new stake in shares of Saba Closed-End Funds ETF in the third quarter valued at approximately $44,000. Anfield Capital Management LLC acquired a new stake in Saba Closed-End Funds ETF in the 2nd quarter worth $64,000. NBC Securities Inc. increased its holdings in shares of Saba Closed-End Funds ETF by 62.4% during the 3rd quarter. NBC Securities Inc. now owns 3,827 shares of the company’s stock worth $85,000 after purchasing an additional 1,470 shares during the period. Calton & Associates Inc. acquired a new position in shares of Saba Closed-End Funds ETF during the third quarter valued at about $201,000. Finally, J.W. Cole Advisors Inc. grew its position in Saba Closed-End Funds ETF by 42.4% during the second quarter. J.W. Cole Advisors Inc. now owns 14,081 shares of the company’s stock worth $300,000 after buying an additional 4,191 shares in the last quarter.

Saba Closed-End Funds ETF Stock Up 0.0 %

Saba Closed-End Funds ETF stock opened at $22.06 on Friday. The business has a 50 day moving average price of $22.05 and a two-hundred day moving average price of $21.42. Saba Closed-End Funds ETF has a 12 month low of $19.83 and a 12 month high of $22.14. The stock has a market cap of $204.06 million, a price-to-earnings ratio of 18.35 and a beta of 0.72.

Saba Closed-End Funds ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, August 27th. Shareholders of record on Monday, August 26th were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Monday, August 26th.

About Saba Closed-End Funds ETF

The Saba Closed-End Funds ETF (CEFS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value and hedging for duration risk.