LPL Financial LLC Sells 14,309 Shares of Siren DIVCON Leaders Dividend ETF (BATS:LEAD)

LPL Financial LLC trimmed its holdings in shares of Siren DIVCON Leaders Dividend ETF (BATS:LEAD) by 18.7% in the first quarter, HoldingsChannel reports. The institutional investor owned 62,374 shares of the company’s stock after selling 14,309 shares during the quarter. LPL Financial LLC owned 0.08% of Siren DIVCON Leaders Dividend ETF worth $4,041,000 at the end of the most recent quarter.

Separately, Raymond James Financial Inc. acquired a new position in Siren DIVCON Leaders Dividend ETF during the fourth quarter valued at approximately $1,232,000.

Siren DIVCON Leaders Dividend ETF Stock Performance

Shares of BATS LEAD opened at $74.96 on Friday. The stock has a market cap of $63.72 million, a P/E ratio of 26.63 and a beta of 1.00. The firm has a 50 day moving average price of $72.19 and a 200 day moving average price of $68.32. Siren DIVCON Leaders Dividend ETF has a 52-week low of $57.98 and a 52-week high of $73.76.

Siren DIVCON Leaders Dividend ETF Profile

The Siren DIVCON Leaders Dividend ETF (LEAD) is an exchange-traded fund that is based on the Siren DIVCON Leaders Dividend index. The fund tracks an index of dividend-paying US large-cap stocks that are deemed likely to increase their dividends in the next twelve months. LEAD was launched on Jan 6, 2016 and is managed by Siren.