Wrapmanager Inc. Sells 6,035 Shares of Aegon Ltd. (NYSE:AEG)

Wrapmanager Inc. lessened its holdings in shares of Aegon Ltd. (NYSE:AEG) by 23.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 19,532 shares of the financial services provider’s stock after selling 6,035 shares during the period. Wrapmanager Inc.’s holdings in Aegon were worth $125,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its holdings in shares of Aegon by 240.3% during the first quarter. EverSource Wealth Advisors LLC now owns 4,114 shares of the financial services provider’s stock worth $25,000 after buying an additional 2,905 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in Aegon during the second quarter worth $30,000. GAMMA Investing LLC increased its position in Aegon by 79.5% during the second quarter. GAMMA Investing LLC now owns 5,094 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 2,256 shares during the period. CWM LLC raised its stake in Aegon by 83.6% during the 2nd quarter. CWM LLC now owns 5,725 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 2,606 shares during the last quarter. Finally, Verus Capital Partners LLC bought a new stake in Aegon in the 2nd quarter valued at $61,000. Institutional investors own 4.32% of the company’s stock.

Aegon Stock Down 2.0 %

Aegon stock opened at $6.33 on Wednesday. The business has a 50 day moving average price of $6.30 and a two-hundred day moving average price of $6.31. Aegon Ltd. has a 12 month low of $5.30 and a 12 month high of $6.96.

Aegon Cuts Dividend

The company also recently announced a semi-annual dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, September 5th were paid a $0.1723 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a dividend yield of 4.9%.

Analysts Set New Price Targets

Separately, UBS Group upgraded shares of Aegon from a “neutral” rating to a “buy” rating in a report on Tuesday, October 22nd.

Aegon Profile

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the United States, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, mutual funds, and stable value solutions; residential mortgage and digital baking services; and retail and institutional investment management solutions and retirement savings vehicles and strategies.