NewEdge Wealth LLC Invests $7.93 Million in Tema Durable Quality ETF $TOLL

NewEdge Wealth LLC acquired a new stake in Tema Durable Quality ETF (BATS:TOLL) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 228,226 shares of the company’s stock, valued at approximately $7,928,000. NewEdge Wealth LLC owned about 13.43% of Tema Durable Quality ETF as of its most recent filing with the Securities and Exchange Commission.

Separately, Thrivent Financial for Lutherans acquired a new position in Tema Durable Quality ETF in the second quarter valued at approximately $22,272,000.

Tema Durable Quality ETF Trading Down 0.2%

TOLL stock opened at $36.19 on Friday. The stock has a market cap of $61.52 million, a P/E ratio of 29.40 and a beta of 1.10. Tema Durable Quality ETF has a twelve month low of $27.00 and a twelve month high of $37.30. The company’s 50 day moving average is $36.07 and its two-hundred day moving average is $34.98.

Tema Durable Quality ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Thursday, December 11th. Investors of record on Wednesday, December 10th were given a $0.113 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a yield of 32.0%.

About Tema Durable Quality ETF

The Tema Monopolies and Oligopolies ETF (TOLL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies perceived as monopolies or oligopolies. The fund aims to identify quality companies from around the world characterized by their strong competitive advantage and high barriers to entry. TOLL was launched on May 11, 2023 and is managed by Tema.