Stifel Financial Corp Has $244,000 Stock Holdings in Saba Closed-End Funds ETF (BATS:CEFS)

Stifel Financial Corp boosted its holdings in shares of Saba Closed-End Funds ETF (BATS:CEFS) by 12.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 11,411 shares of the company’s stock after acquiring an additional 1,284 shares during the period. Stifel Financial Corp’s holdings in Saba Closed-End Funds ETF were worth $244,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Farther Finance Advisors LLC grew its holdings in Saba Closed-End Funds ETF by 36.2% during the 4th quarter. Farther Finance Advisors LLC now owns 2,220 shares of the company’s stock worth $48,000 after acquiring an additional 590 shares during the period. Principal Securities Inc. grew its holdings in shares of Saba Closed-End Funds ETF by 5.1% in the 4th quarter. Principal Securities Inc. now owns 32,186 shares of the company’s stock valued at $689,000 after buying an additional 1,575 shares during the period. Oppenheimer & Co. Inc. grew its holdings in shares of Saba Closed-End Funds ETF by 4.2% in the 4th quarter. Oppenheimer & Co. Inc. now owns 64,656 shares of the company’s stock valued at $1,385,000 after buying an additional 2,595 shares during the period. Scotia Capital Inc. grew its holdings in shares of Saba Closed-End Funds ETF by 4.9% in the 4th quarter. Scotia Capital Inc. now owns 71,441 shares of the company’s stock valued at $1,530,000 after buying an additional 3,338 shares during the period. Finally, Rovin Capital UT ADV grew its holdings in shares of Saba Closed-End Funds ETF by 6.5% in the 4th quarter. Rovin Capital UT ADV now owns 54,715 shares of the company’s stock valued at $1,172,000 after buying an additional 3,339 shares during the period.

Saba Closed-End Funds ETF Stock Down 1.0%

Shares of CEFS stock opened at $21.79 on Thursday. Saba Closed-End Funds ETF has a 12-month low of $18.59 and a 12-month high of $22.70. The firm has a market capitalization of $274.49 million, a price-to-earnings ratio of 21.27 and a beta of 0.73. The firm has a fifty day moving average of $21.01 and a 200-day moving average of $21.71.

About Saba Closed-End Funds ETF

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.