Independent Advisor Alliance Acquires Shares of 6,283 First Trust Bloomberg Shareholder Yield ETF (NASDAQ:SHRY)

Independent Advisor Alliance bought a new stake in First Trust Bloomberg Shareholder Yield ETF (NASDAQ:SHRY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,283 shares of the company’s stock, valued at approximately $250,000.

First Trust Bloomberg Shareholder Yield ETF Stock Performance

SHRY stock opened at $40.51 on Thursday. The stock has a fifty day moving average of $40.75 and a 200-day moving average of $41.02. First Trust Bloomberg Shareholder Yield ETF has a fifty-two week low of $36.03 and a fifty-two week high of $42.95. The company has a market capitalization of $18.23 million, a price-to-earnings ratio of 16.51 and a beta of 1.05.

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.