Avantax Advisory Services Inc. Purchases 3,670 Shares of Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL)

Avantax Advisory Services Inc. boosted its position in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) by 9.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,277 shares of the company’s stock after purchasing an additional 3,670 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Strategy Shares NASDAQ 7 HANDL ETF were worth $902,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of HNDL. Larson Financial Group LLC boosted its stake in Strategy Shares NASDAQ 7 HANDL ETF by 13.5% during the third quarter. Larson Financial Group LLC now owns 39,635 shares of the company’s stock valued at $882,000 after buying an additional 4,710 shares during the period. HighTower Advisors LLC raised its holdings in shares of 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 valued at $481,000 after acquiring an additional 722 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 19.9% during the third quarter. Jane Street Group LLC now owns 49,128 shares of the company’s stock worth $1,093,000 after purchasing an additional 8,145 shares in the last quarter. MML Investors Services LLC increased its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 7.4% in the third quarter. MML Investors Services LLC now owns 66,851 shares of the company’s stock worth $1,487,000 after purchasing an additional 4,582 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Strategy Shares NASDAQ 7 HANDL ETF in the third quarter valued at approximately $36,000.

Strategy Shares NASDAQ 7 HANDL ETF Price Performance

HNDL stock opened at $21.19 on Friday. The firm has a 50 day simple moving average of $21.49 and a two-hundred day simple moving average of $21.77. The stock has a market cap of $730.00 million, a PE ratio of 24.17 and a beta of 0.57. Strategy Shares NASDAQ 7 HANDL ETF has a one year low of $20.01 and a one year high of $22.44.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 14th. Investors of record on Thursday, March 13th were paid a $0.1223 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $1.47 dividend on an annualized basis and a yield of 6.93%.

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.