XML Financial LLC Boosts Stake in Saba Closed-End Funds ETF $CEFS

XML Financial LLC lifted its holdings in Saba Closed-End Funds ETF (BATS:CEFS) by 27.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 191,327 shares of the company’s stock after purchasing an additional 41,446 shares during the quarter. XML Financial LLC owned 1.44% of Saba Closed-End Funds ETF worth $4,408,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Amplius Wealth Advisors LLC grew its holdings in shares of Saba Closed-End Funds ETF by 1.9% in the fourth quarter. Amplius Wealth Advisors LLC now owns 27,551 shares of the company’s stock worth $635,000 after acquiring an additional 502 shares during the period. NBC Securities Inc. grew its holdings in shares of Saba Closed-End Funds ETF by 14.6% in the fourth quarter. NBC Securities Inc. now owns 6,440 shares of the company’s stock worth $148,000 after acquiring an additional 821 shares during the period. Cary Street Partners Financial LLC grew its holdings in shares of Saba Closed-End Funds ETF by 3.4% in the third quarter. Cary Street Partners Financial LLC now owns 28,884 shares of the company’s stock worth $658,000 after acquiring an additional 938 shares during the period. Advisor OS LLC grew its holdings in shares of Saba Closed-End Funds ETF by 6.6% in the fourth quarter. Advisor OS LLC now owns 24,812 shares of the company’s stock worth $572,000 after acquiring an additional 1,534 shares during the period. Finally, Anfield Capital Management LLC grew its holdings in shares of Saba Closed-End Funds ETF by 32.1% in the fourth quarter. Anfield Capital Management LLC now owns 7,429 shares of the company’s stock worth $171,000 after acquiring an additional 1,806 shares during the period.

Saba Closed-End Funds ETF Price Performance

Shares of CEFS opened at $24.97 on Friday. Saba Closed-End Funds ETF has a one year low of $21.85 and a one year high of $25.67. The firm has a market capitalization of $332.10 million, a P/E ratio of 21.88 and a beta of 0.72. The business has a fifty day moving average of $24.29 and a 200 day moving average of $23.42.

Saba Closed-End Funds ETF Company Profile

The Saba Closed-End Funds ETF (CEFS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value and hedging for duration risk. CEFS was launched on Mar 21, 2017 and is managed by Saba.