Allworth Financial LP Purchases New Position in First Trust Bloomberg Shareholder Yield ETF (NASDAQ:SHRY)

Allworth Financial LP acquired a new position in First Trust Bloomberg Shareholder Yield ETF (NASDAQ:SHRY) during the 3rd quarter, HoldingsChannel reports. The fund acquired 5,584 shares of the company’s stock, valued at approximately $231,000.

Separately, Clarus Wealth Advisors purchased a new position in shares of First Trust Bloomberg Shareholder Yield ETF in the 3rd quarter valued at about $307,000.

First Trust Bloomberg Shareholder Yield ETF Trading Down 0.0 %

Shares of SHRY stock opened at $40.66 on Thursday. First Trust Bloomberg Shareholder Yield ETF has a 12-month low of $29.53 and a 12-month high of $41.96. The business’s 50 day moving average is $40.96 and its two-hundred day moving average is $39.15. The company has a market capitalization of $20.33 million, a P/E ratio of 16.73 and a beta of 0.90.

First Trust Bloomberg Shareholder Yield ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.1209 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.19%.

First Trust Bloomberg Shareholder Yield ETF Company Profile

The First Trust Bloomberg Shareholder Yield ETF (SHRY) is an exchange-traded fund that is based on the Bloomberg Shareholder Yield index. The fund offers passive management by tracking an index of large- and mid-cap US equities that are selected and weighted based on shareholder yield characterized by dividends, net shares buybacks, and debt reduction.