Concourse Financial Group Securities Inc. Boosts Stock Position in TBG Dividend Focus ETF (NYSEARCA:TBG)

Concourse Financial Group Securities Inc. grew its holdings in TBG Dividend Focus ETF (NYSEARCA:TBG) by 160.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,908 shares of the company’s stock after buying an additional 3,640 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in TBG Dividend Focus ETF were worth $189,000 as of its most recent SEC filing.

Separately, EverSource Wealth Advisors LLC raised its holdings in shares of TBG Dividend Focus ETF by 60.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,770 shares of the company’s stock valued at $205,000 after buying an additional 2,554 shares during the period.

TBG Dividend Focus ETF Price Performance

Shares of NYSEARCA TBG opened at $32.81 on Friday. The stock’s 50-day moving average is $31.48 and its two-hundred day moving average is $29.86. TBG Dividend Focus ETF has a 1-year low of $24.58 and a 1-year high of $32.81. The company has a market cap of $68.90 million, a price-to-earnings ratio of 18.18 and a beta of 0.55.

TBG Dividend Focus ETF Profile

The TBG Dividend Focus ETF (TBG) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed portfolio of dividend-paying US companies selected using fundamental analysis. The fund seeks to provide income and long-term capital appreciation TBG was launched on Nov 6, 2023 and is issued by EA Series Trust.