Arkadios Wealth Advisors Invests $214,000 in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL)

Arkadios Wealth Advisors purchased a new position in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,147 shares of the company’s stock, valued at approximately $214,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HNDL. Kades & Cheifetz LLC increased its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 94.2% during the first quarter. Kades & Cheifetz LLC now owns 431,236 shares of the company’s stock valued at $9,147,000 after acquiring an additional 209,183 shares in the last quarter. Harbour Investments Inc. grew its position in Strategy Shares NASDAQ 7 HANDL ETF by 9.2% during the 2nd quarter. Harbour Investments Inc. now owns 200,827 shares of the company’s stock valued at $4,241,000 after purchasing an additional 17,000 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Strategy Shares NASDAQ 7 HANDL ETF by 160.8% in the first quarter. Cetera Investment Advisers now owns 184,528 shares of the company’s stock worth $3,914,000 after buying an additional 113,777 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of Strategy Shares NASDAQ 7 HANDL ETF by 1,464.3% in the fourth quarter. International Assets Investment Management LLC now owns 183,866 shares of the company’s stock worth $3,802,000 after buying an additional 172,112 shares in the last quarter. Finally, Spire Wealth Management grew its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 0.9% during the first quarter. Spire Wealth Management now owns 101,733 shares of the company’s stock valued at $2,158,000 after buying an additional 871 shares during the last quarter.

Strategy Shares NASDAQ 7 HANDL ETF Stock Up 0.6 %

Shares of NASDAQ HNDL opened at $21.98 on Friday. The firm has a market cap of $829.75 million, a P/E ratio of 19.76 and a beta of 0.57. Strategy Shares NASDAQ 7 HANDL ETF has a twelve month low of $18.30 and a twelve month high of $21.98. The company has a 50 day moving average of $21.41 and a 200 day moving average of $21.00.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 14th. Stockholders of record on Tuesday, August 13th were paid a $0.124 dividend. This represents a $1.49 annualized dividend and a dividend yield of 6.77%. The ex-dividend date of this dividend was Tuesday, August 13th.

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.