Wahed FTSE USA Shariah ETF (HLAL) To Go Ex-Dividend on December 24th

Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) declared a quarterly dividend on Tuesday, December 23rd. Stockholders of record on Wednesday, December 24th will be paid a dividend of 0.0772 per share on Friday, December 26th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Wednesday, December 24th.

Wahed FTSE USA Shariah ETF Trading Up 0.2%

NASDAQ HLAL opened at $62.80 on Thursday. The company has a fifty day simple moving average of $61.43 and a 200 day simple moving average of $57.84. Wahed FTSE USA Shariah ETF has a 12-month low of $42.10 and a 12-month high of $63.04. The company has a market cap of $746.00 million, a P/E ratio of 26.06 and a beta of 1.00.

Institutional Investors Weigh In On Wahed FTSE USA Shariah ETF

An institutional investor recently raised its position in Wahed FTSE USA Shariah ETF stock. Farther Finance Advisors LLC increased its holdings in Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) by 1.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,695 shares of the company’s stock after acquiring an additional 605 shares during the period. Farther Finance Advisors LLC owned about 0.30% of Wahed FTSE USA Shariah ETF worth $2,118,000 at the end of the most recent quarter.

About Wahed FTSE USA Shariah ETF

The Wahed FTSE USA Shariah ETF (HLAL) is an exchange-traded fund that is based on the FTSE USA Shariah index, a principles-selected, market-cap-weighted index of US equities. HLAL was launched on Jul 16, 2019 and is managed by Wahed.