Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Shares Down 1% – What’s Next?

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) fell 1% during trading on Tuesday . The stock traded as low as $25.47 and last traded at $25.48. 42,644 shares were traded during mid-day trading, a decline of 47% from the average session volume of 80,991 shares. The stock had previously closed at $25.75.

Cabana Target Drawdown 10 ETF Stock Performance

The stock has a market cap of $209.45 million, a price-to-earnings ratio of 24.74 and a beta of 0.40. The business has a 50-day simple moving average of $25.01 and a two-hundred day simple moving average of $24.39.

Cabana Target Drawdown 10 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Tuesday, September 24th were issued a dividend of $0.0757 per share. This is a boost from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a $0.30 annualized dividend and a yield of 1.19%. Cabana Target Drawdown 10 ETF’s dividend payout ratio is presently 45.63%.

Cabana Target Drawdown 10 ETF Company Profile

The Cabana Target Drawdown 10 ETF (TDSC) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds which aims to provide long-term growth that adjusts an asset allocation to pursue a targeted risk parameter of 10% from peak to trough.