US Bancorp DE Sells 3,309 Shares of Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL)

US Bancorp DE reduced its position in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) by 65.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,750 shares of the company’s stock after selling 3,309 shares during the quarter. US Bancorp DE’s holdings in Strategy Shares NASDAQ 7 HANDL ETF were worth $37,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of HNDL. Wilmington Savings Fund Society FSB purchased a new stake in Strategy Shares NASDAQ 7 HANDL ETF in the third quarter valued at approximately $36,000. Allworth Financial LP raised its stake in Strategy Shares NASDAQ 7 HANDL ETF by 28.3% in the fourth quarter. Allworth Financial LP now owns 8,127 shares of the company’s stock valued at $176,000 after purchasing an additional 1,792 shares in the last quarter. New Century Financial Group LLC purchased a new stake in Strategy Shares NASDAQ 7 HANDL ETF in the fourth quarter valued at approximately $313,000. Strategic Financial Concepts LLC purchased a new stake in Strategy Shares NASDAQ 7 HANDL ETF in the fourth quarter valued at approximately $378,000. Finally, HighTower Advisors LLC raised its stake in Strategy Shares NASDAQ 7 HANDL ETF by 3.4% in the third quarter. HighTower Advisors LLC now owns 21,697 shares of the company’s stock valued at $481,000 after purchasing an additional 722 shares in the last quarter.

Strategy Shares NASDAQ 7 HANDL ETF Stock Performance

HNDL stock opened at $21.01 on Wednesday. The company has a market capitalization of $702.78 million, a PE ratio of 24.17 and a beta of 0.68. Strategy Shares NASDAQ 7 HANDL ETF has a one year low of $20.01 and a one year high of $22.44. The company’s 50 day moving average price is $21.50 and its two-hundred day moving average price is $21.78.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 14th. Investors of record on Thursday, March 13th were paid a $0.1223 dividend. This represents a $1.47 annualized dividend and a dividend yield of 6.99%. The ex-dividend date was Thursday, March 13th.

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.