Newbridge Financial Services Group Inc. Grows Position in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL)

Newbridge Financial Services Group Inc. raised its position in shares of Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) by 15.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,117 shares of the company’s stock after acquiring an additional 12,935 shares during the period. Newbridge Financial Services Group Inc. owned approximately 0.27% of Strategy Shares NASDAQ 7 HANDL ETF worth $2,008,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of HNDL. Wilmington Savings Fund Society FSB purchased a new stake in Strategy Shares NASDAQ 7 HANDL ETF during the 3rd quarter valued at $36,000. Consolidated Portfolio Review Corp bought a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF in the 3rd quarter worth about $206,000. New Century Financial Group LLC purchased a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF during the 4th quarter worth about $313,000. Strategic Financial Concepts LLC bought a new position in Strategy Shares NASDAQ 7 HANDL ETF during the 4th quarter valued at about $378,000. Finally, HighTower Advisors LLC raised its position in Strategy Shares NASDAQ 7 HANDL ETF by 3.4% in the 3rd quarter. HighTower Advisors LLC now owns 21,697 shares of the company’s stock worth $481,000 after purchasing an additional 722 shares during the period.

Strategy Shares NASDAQ 7 HANDL ETF Stock Performance

Shares of HNDL stock opened at $21.64 on Friday. The stock has a 50 day moving average price of $21.66 and a 200 day moving average price of $21.78. The firm has a market capitalization of $745.50 million, a P/E ratio of 19.76 and a beta of 0.57. Strategy Shares NASDAQ 7 HANDL ETF has a 52-week low of $20.01 and a 52-week high of $22.44.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, January 14th were issued a $0.1232 dividend. The ex-dividend date was Tuesday, January 14th.

About Strategy Shares NASDAQ 7 HANDL ETF

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.