WBI Investments LLC Boosts Position in KraneShares Global Carbon Strategy ETF $KRBN

WBI Investments LLC raised its position in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) by 51.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 101,677 shares of the company’s stock after purchasing an additional 34,320 shares during the period. KraneShares Global Carbon Strategy ETF comprises approximately 0.8% of WBI Investments LLC’s portfolio, making the stock its 16th biggest holding. WBI Investments LLC’s holdings in KraneShares Global Carbon Strategy ETF were worth $3,294,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC acquired a new position in shares of KraneShares Global Carbon Strategy ETF during the 3rd quarter worth $49,000. Sharp Financial Services LLC grew its stake in KraneShares Global Carbon Strategy ETF by 12.8% in the 3rd quarter. Sharp Financial Services LLC now owns 11,077 shares of the company’s stock valued at $359,000 after acquiring an additional 1,254 shares during the last quarter. PFG Investments LLC grew its stake in KraneShares Global Carbon Strategy ETF by 6.6% in the 3rd quarter. PFG Investments LLC now owns 11,488 shares of the company’s stock valued at $372,000 after acquiring an additional 710 shares during the last quarter. Maridea Wealth Management LLC purchased a new position in KraneShares Global Carbon Strategy ETF during the 3rd quarter valued at about $449,000. Finally, Susquehanna International Group LLP purchased a new position in KraneShares Global Carbon Strategy ETF during the 3rd quarter valued at about $1,154,000.

KraneShares Global Carbon Strategy ETF Stock Performance

Shares of KRBN opened at $27.97 on Wednesday. KraneShares Global Carbon Strategy ETF has a 12-month low of $24.90 and a 12-month high of $36.50. The company has a 50-day moving average of $32.01 and a two-hundred day moving average of $33.18.

KraneShares Global Carbon Strategy ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were paid a dividend of $0.6732 per share. This represents a dividend yield of 191.0%. The ex-dividend date of this dividend was Monday, December 22nd.

About KraneShares Global Carbon Strategy ETF

The KraneShares Global Carbon ETF (KRBN) is an exchange-traded fund that is based on the IHS Markit Global Carbon index. The fund seeks to track a carbon credit futures index that weights holdings based on trade volume. The fund holds December futures from three major cap-and-trade programs KRBN was launched on Jul 30, 2020 and is managed by KraneShares.