Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Stock Price Down 0.2% – Here’s Why

Shares of Swan Hedged Equity US Large Cap ETF (BATS:HEGD) were down 0.2% during mid-day trading on Thursday . The stock traded as low as $25.34 and last traded at $25.42. Approximately 90,969 shares traded hands during trading, a decline of 20% from the average daily volume of 113,283 shares. The stock had previously closed at $25.48.

Swan Hedged Equity US Large Cap ETF Price Performance

The business’s fifty day simple moving average is $25.42 and its 200 day simple moving average is $25.08. The stock has a market cap of $460.90 million, a price-to-earnings ratio of 25.32 and a beta of 0.55.

Swan Hedged Equity US Large Cap ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were issued a $0.0903 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a dividend yield of 36.0%.

Institutional Investors Weigh In On Swan Hedged Equity US Large Cap ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Mosaic Family Wealth Partners LLC bought a new position in shares of Swan Hedged Equity US Large Cap ETF during the fourth quarter valued at approximately $230,000. EverSource Wealth Advisors LLC boosted its position in Swan Hedged Equity US Large Cap ETF by 95.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 14,327 shares of the company’s stock valued at $361,000 after purchasing an additional 7,015 shares during the period. Vantage Financial Partners LLC boosted its position in Swan Hedged Equity US Large Cap ETF by 3.5% during the 4th quarter. Vantage Financial Partners LLC now owns 477,957 shares of the company’s stock valued at $12,049,000 after purchasing an additional 16,086 shares during the period. NewEdge Advisors LLC grew its stake in Swan Hedged Equity US Large Cap ETF by 14.3% during the 3rd quarter. NewEdge Advisors LLC now owns 1,341,774 shares of the company’s stock worth $33,437,000 after buying an additional 167,410 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its position in Swan Hedged Equity US Large Cap ETF by 6.7% in the third quarter. Integrated Wealth Concepts LLC now owns 14,233 shares of the company’s stock worth $355,000 after buying an additional 889 shares during the period.

About Swan Hedged Equity US Large Cap ETF

The Swan Hedged Equity US Large Cap ETF (HEGD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides hedged exposure to US large-cap companies using ETFs and options. HEGD was launched on Dec 22, 2020 and is managed by Swan.