Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) Sees Strong Trading Volume – Here’s What Happened

Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) saw unusually-high trading volume on Tuesday . Approximately 91,798 shares changed hands during trading, an increase of 15% from the previous session’s volume of 79,641 shares.The stock last traded at $22.51 and had previously closed at $22.60.

Strategy Shares Nasdaq 7HANDL Index ETF Trading Up 0.0%

The firm’s fifty day moving average is $22.19 and its 200-day moving average is $22.14. The stock has a market capitalization of $650.24 million, a PE ratio of 24.18 and a beta of 0.73.

Strategy Shares Nasdaq 7HANDL Index ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 13th. Investors of record on Thursday, February 12th were issued a $0.1317 dividend. This is a boost from Strategy Shares Nasdaq 7HANDL Index ETF’s previous monthly dividend of $0.13. The ex-dividend date was Thursday, February 12th. This represents a c) annualized dividend and a yield of 7.0%.

Institutional Investors Weigh In On Strategy Shares Nasdaq 7HANDL Index ETF

A number of institutional investors have recently modified their holdings of HNDL. Atria Wealth Solutions Inc. acquired a new position in Strategy Shares Nasdaq 7HANDL Index ETF during the 2nd quarter worth about $201,000. Arkadios Wealth Advisors increased its stake in Strategy Shares Nasdaq 7HANDL Index ETF by 50.6% during the second quarter. Arkadios Wealth Advisors now owns 14,395 shares of the company’s stock worth $312,000 after purchasing an additional 4,834 shares during the period. Creative Planning increased its stake in Strategy Shares Nasdaq 7HANDL Index ETF by 11.9% during the second quarter. Creative Planning now owns 64,833 shares of the company’s stock worth $1,404,000 after purchasing an additional 6,920 shares during the period. Western Wealth Management LLC acquired a new stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF during the second quarter worth about $202,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 7.6% in the second quarter. JPMorgan Chase & Co. now owns 48,439 shares of the company’s stock valued at $1,049,000 after purchasing an additional 3,434 shares during the period.

Strategy Shares Nasdaq 7HANDL Index ETF Company 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.