Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) Stock Jumps 0.1% – Still a Buy?

Shares of Brookmont Catastrophic Bond ETF (NYSEARCA:ILS – Get Free Report) shot up 0.1% on Friday. The company traded as high as $20.27 and last traded at $20.27. Approximately 75,993 shares changed hands during trading, an increase of 46% from the average session volume of 51,982 shares. The stock had previously closed at $20.25.

Brookmont Catastrophic Bond ETF Stock Performance

The firm has a 50 day moving average of $20.20 and a 200-day moving average of $19.96.

Brookmont Catastrophic Bond ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 23rd were given a $0.4087 dividend. The ex-dividend date was Wednesday, September 23rd. This represents a $1.63 dividend on an annualized basis and a dividend yield of 8.1%. This is an increase from Brookmont Catastrophic Bond ETF’s previous quarterly dividend of $0.4053.

Institutional Trading of Brookmont Catastrophic Bond ETF

A hedge fund recently raised its position in Brookmont Catastrophic Bond ETF stock. Farther Finance Advisors LLC lifted its position in Brookmont Catastrophic Bond ETF (NYSEARCA:ILS – Free Report) by 5.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,192 shares of the company’s stock after purchasing an additional 1,889 shares during the quarter. Farther Finance Advisors LLC owned 0.60% of Brookmont Catastrophic Bond ETF worth $709,000 at the end of the most recent reporting period.

About Brookmont Catastrophic Bond ETF

(Get Free Report)

ETF Opportunities Trust – Brookmont Catastrophic Bond ETF is an exchange traded fund by ETF Opportunities Trust. The fund is co-managed by Brookmont Capital Management, LLC and King Ridge Capital Advisors LLC. It invests in fixed income markets of global region. The fund invests in high yield catastrophe bonds, insurance-linked securities and non-U.S. reinsurance-related securities which includes non-U.S. sovereigns and non-U.S. entities, including insurance companies, reinsurers, corporations, partnerships, trusts, and other types of business entities.

Further Reading

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