Balboa Wealth Partners Sells 3,715 Shares of Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL)

Balboa Wealth Partners reduced its position in shares of Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) by 20.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 14,275 shares of the company’s stock after selling 3,715 shares during the quarter. Balboa Wealth Partners’ holdings in Strategy Shares NASDAQ 7 HANDL ETF were worth $295,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in HNDL. Larson Financial Group LLC boosted its holdings in Strategy Shares NASDAQ 7 HANDL ETF by 2,953.0% in the third quarter. Larson Financial Group LLC now owns 15,265 shares of the company’s stock valued at $292,000 after acquiring an additional 14,765 shares during the last quarter. NBC Securities Inc. bought a new stake in Strategy Shares NASDAQ 7 HANDL ETF in the third quarter valued at approximately $146,000. Strategic Financial Concepts LLC bought a new stake in Strategy Shares NASDAQ 7 HANDL ETF in the third quarter valued at approximately $198,000. Western Wealth Management LLC boosted its holdings in Strategy Shares NASDAQ 7 HANDL ETF by 13.5% in the third quarter. Western Wealth Management LLC now owns 14,647 shares of the company’s stock valued at $280,000 after acquiring an additional 1,743 shares during the last quarter. Finally, Spire Wealth Management bought a new stake in Strategy Shares NASDAQ 7 HANDL ETF in the third quarter valued at approximately $1,895,000.

Strategy Shares NASDAQ 7 HANDL ETF Stock Performance

HNDL stock remained flat at $20.80 during trading on Thursday. The company had a trading volume of 43,218 shares, compared to its average volume of 106,856. The stock has a 50 day moving average price of $20.69 and a 200-day moving average price of $20.52. Strategy Shares NASDAQ 7 HANDL ETF has a 1-year low of $18.30 and a 1-year high of $21.32. The firm has a market cap of $831.38 million, a PE ratio of 19.76 and a beta of 0.57.

Strategy Shares NASDAQ 7 HANDL ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Tuesday, May 14th were paid a $0.1215 dividend. This represents a $1.46 annualized dividend and a yield of 7.01%. The ex-dividend date was Monday, May 13th.

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.