Newbridge Financial Services Group Inc. Acquires 40,527 Shares of Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL)

Newbridge Financial Services Group Inc. increased its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) by 237.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 57,616 shares of the company’s stock after acquiring an additional 40,527 shares during the period. Newbridge Financial Services Group Inc. owned about 0.15% of Strategy Shares NASDAQ 7 HANDL ETF worth $1,217,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Strategic Financial Concepts LLC boosted its holdings in Strategy Shares NASDAQ 7 HANDL ETF by 341.1% during the second quarter. Strategic Financial Concepts LLC now owns 41,861 shares of the company’s stock valued at $884,000 after purchasing an additional 32,371 shares in the last quarter. Private Advisor Group LLC grew its position in Strategy Shares NASDAQ 7 HANDL ETF by 18.5% in the second quarter. Private Advisor Group LLC now owns 114,017 shares of the company’s stock valued at $2,408,000 after acquiring an additional 17,835 shares during the period. Larson Financial Group LLC grew its position in 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 acquiring an additional 3,000 shares during the period. Asset Allocation Strategies LLC raised its stake in Strategy Shares NASDAQ 7 HANDL ETF by 25.5% during the second quarter. Asset Allocation Strategies LLC now owns 60,585 shares of the company’s stock worth $1,280,000 after acquiring an additional 12,314 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in Strategy Shares NASDAQ 7 HANDL ETF during the second quarter worth $156,000.

Strategy Shares NASDAQ 7 HANDL ETF Stock Performance

Shares of NASDAQ:HNDL opened at $22.27 on Wednesday. The company has a market capitalization of $817.31 million, a PE ratio of 19.76 and a beta of 0.57. The company’s fifty day moving average is $21.73 and its 200-day moving average is $21.18. Strategy Shares NASDAQ 7 HANDL ETF has a 52 week low of $18.30 and a 52 week high of $22.34.

Strategy Shares NASDAQ 7 HANDL ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, September 13th were given a $0.1287 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.54 dividend on an annualized basis and a yield of 6.93%.

Strategy Shares NASDAQ 7 HANDL ETF Company 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.