Kestra Advisory Services LLC Boosts Stake in Strategy Shares Nasdaq 7HANDL Index ETF $HNDL

Kestra Advisory Services LLC lifted its stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) by 1,053.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 136,899 shares of the company’s stock after buying an additional 125,029 shares during the period. Kestra Advisory Services LLC owned approximately 0.48% of Strategy Shares Nasdaq 7HANDL Index ETF worth $2,990,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its stake in Strategy Shares Nasdaq 7HANDL Index ETF by 7.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 48,439 shares of the company’s stock worth $1,049,000 after acquiring an additional 3,434 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Strategy Shares Nasdaq 7HANDL Index ETF in the second quarter valued at about $172,000. Jane Street Group LLC acquired a new position in shares of Strategy Shares Nasdaq 7HANDL Index ETF in the second quarter valued at about $287,000. Bank of America Corp DE purchased a new position in shares of Strategy Shares Nasdaq 7HANDL Index ETF in the second quarter worth about $32,000. Finally, Geneos Wealth Management Inc. raised its stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 1,200.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,300 shares of the company’s stock worth $28,000 after purchasing an additional 1,200 shares during the last quarter.

Strategy Shares Nasdaq 7HANDL Index ETF Stock Down 0.5%

Strategy Shares Nasdaq 7HANDL Index ETF stock opened at $22.64 on Friday. Strategy Shares Nasdaq 7HANDL Index ETF has a 52 week low of $21.50 and a 52 week high of $23.00. The company has a market capitalization of $634.60 million, a price-to-earnings ratio of 24.18 and a beta of 0.73. The stock has a 50-day moving average price of $22.77 and a 200 day moving average price of $22.47.

Strategy Shares Nasdaq 7HANDL Index ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, July 14th were given a dividend of $0.1334 per share. The ex-dividend date of this dividend was Tuesday, July 14th. This represents a c) dividend on an annualized basis and a yield of 7.1%. This is a boost from Strategy Shares Nasdaq 7HANDL Index ETF’s previous monthly dividend of $0.13.

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.