Miller Global Investments LLC Buys Shares of 16,020 Ballast Small/Mid Cap ETF $MGMT

Miller Global Investments LLC bought a new stake in shares of Ballast Small/Mid Cap ETF (NYSEARCA:MGMT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 16,020 shares of the company’s stock, valued at approximately $710,000. Miller Global Investments LLC owned about 0.46% of Ballast Small/Mid Cap ETF at the end of the most recent quarter.

Separately, Employees Retirement Fund of the City of Fort Worth acquired a new position in Ballast Small/Mid Cap ETF during the 3rd quarter valued at approximately $2,502,000.

Ballast Small/Mid Cap ETF Price Performance

Shares of MGMT opened at $44.68 on Friday. The company has a market cap of $154.15 million, a P/E ratio of 16.95 and a beta of 0.92. The stock has a fifty day moving average price of $47.81 and a 200 day moving average price of $45.28. Ballast Small/Mid Cap ETF has a 12 month low of $32.09 and a 12 month high of $50.23.

Ballast Small/Mid Cap ETF Dividend Announcement

The company also recently declared an annual dividend, which was paid on Monday, January 5th. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.1507 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 34.0%.

About Ballast Small/Mid Cap ETF

The Ballast Small\u002FMid Cap ETF (MGMT) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively-managed fund that aims for positive risk-adjusted returns. MGMT was launched on Dec 2, 2020 and is managed by Ballast.