Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) to Issue Dividend Increase – $0.13 Per Share

Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) declared a monthly dividend on Monday, July 13th, NASDAQ Dividends reports. Shareholders of record on Tuesday, July 14th will be given a dividend of 0.1334 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend is Tuesday, July 14th. This is a 0.8% increase from Strategy Shares Nasdaq 7HANDL Index ETF’s previous monthly dividend of $0.13.

Strategy Shares Nasdaq 7HANDL Index ETF Trading Down 0.2%

HNDL traded down $0.04 during midday trading on Tuesday, hitting $22.75. 63,881 shares of the company traded hands, compared to its average volume of 67,676. The company has a market capitalization of $637.68 million, a price-to-earnings ratio of 24.18 and a beta of 0.73. Strategy Shares Nasdaq 7HANDL Index ETF has a 52-week low of $21.32 and a 52-week high of $23.00. The business has a 50 day simple moving average of $22.78 and a two-hundred day simple moving average of $22.46.

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.