Calton & Associates Inc. Buys New Stake in Saba Closed-End Funds ETF (BATS:CEFS)

Calton & Associates Inc. bought a new stake in Saba Closed-End Funds ETF (BATS:CEFS) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 9,024 shares of the company’s stock, valued at approximately $201,000. Calton & Associates Inc. owned 0.10% of Saba Closed-End Funds ETF at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Future Financial Wealth Managment LLC acquired a new position in shares of Saba Closed-End Funds ETF in the 3rd quarter valued at $44,000. Anfield Capital Management LLC acquired a new position in Saba Closed-End Funds ETF during the second quarter worth $64,000. NBC Securities Inc. raised its position in Saba Closed-End Funds ETF by 62.4% during the third quarter. NBC Securities Inc. now owns 3,827 shares of the company’s stock worth $85,000 after acquiring an additional 1,470 shares during the period. J.W. Cole Advisors Inc. acquired a new position in Saba Closed-End Funds ETF during the first quarter worth $204,000. Finally, XML Financial LLC raised its position in Saba Closed-End Funds ETF by 33.0% during the first quarter. XML Financial LLC now owns 16,043 shares of the company’s stock worth $332,000 after acquiring an additional 3,980 shares during the period.

Saba Closed-End Funds ETF Stock Performance

BATS:CEFS opened at $22.31 on Wednesday. The company has a fifty day moving average of $21.89 and a two-hundred day moving average of $21.19. The stock has a market capitalization of $206.37 million, a PE ratio of 18.35 and a beta of 0.72. Saba Closed-End Funds ETF has a fifty-two week low of $19.83 and a fifty-two week high of $22.14.

Saba Closed-End Funds ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, August 27th. Shareholders of record on Monday, August 26th were given a dividend of $0.14 per share. The ex-dividend date was Monday, August 26th.

Saba Closed-End Funds ETF Profile

The Saba Closed-End Funds ETF (CEFS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value and hedging for duration risk.