J.W. Cole Advisors Inc. Acquires 16,174 Shares of Strategy Shares Nasdaq 7HANDL Index ETF $HNDL

J.W. Cole Advisors Inc. grew its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) by 51.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,601 shares of the company’s stock after buying an additional 16,174 shares during the quarter. J.W. Cole Advisors Inc. owned 0.15% of Strategy Shares Nasdaq 7HANDL Index ETF worth $1,031,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Motco bought a new stake in Strategy Shares Nasdaq 7HANDL Index ETF during the first quarter worth approximately $27,000. Ameritas Advisory Services LLC purchased a new position in shares of Strategy Shares Nasdaq 7HANDL Index ETF in the 2nd quarter worth approximately $64,000. IMG Wealth Management Inc. boosted its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 11.2% in the 2nd quarter. IMG Wealth Management Inc. now owns 6,704 shares of the company’s stock worth $145,000 after purchasing an additional 677 shares during the period. Atria Wealth Solutions Inc. bought a new position in shares of Strategy Shares Nasdaq 7HANDL Index ETF during the 2nd quarter valued at approximately $201,000. Finally, Western Wealth Management LLC purchased a new stake in Strategy Shares Nasdaq 7HANDL Index ETF during the 2nd quarter valued at $202,000.

Strategy Shares Nasdaq 7HANDL Index ETF Stock Up 0.4%

Shares of HNDL opened at $22.40 on Wednesday. The business has a fifty day moving average of $22.24 and a 200 day moving average of $21.68. The company has a market cap of $668.42 million, a PE ratio of 24.18 and a beta of 0.73. Strategy Shares Nasdaq 7HANDL Index ETF has a 52-week low of $19.00 and a 52-week high of $22.57.

Strategy Shares Nasdaq 7HANDL Index ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, October 14th were issued a dividend of $0.1306 per share. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date was Tuesday, October 14th. This is a positive change from Strategy Shares Nasdaq 7HANDL Index ETF’s previous monthly dividend of $0.13.

Strategy Shares Nasdaq 7HANDL Index ETF Profile

The Strategy Shares Nasdaq 7 Handl Index ETF (HNDL) is an exchange-traded fund that is based on the NASDAQ 7 HANDL index. The fund is a fund of funds that targets a high distribution rate. The funds index reflects a balanced portfolio of US equities, fixed income, and alternative investments HNDL was launched on Jan 17, 2018 and is managed by Strategy Shares.