Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Trading 1.2% Higher

Shares of Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) rose 1.2% during mid-day trading on Thursday . The stock traded as high as $24.78 and last traded at $24.78. Approximately 27,402 shares were traded during trading, a decline of 71% from the average daily volume of 96,013 shares. The stock had previously closed at $24.49.

Cabana Target Drawdown 10 ETF Trading Up 0.1 %

The company has a market capitalization of $232.41 million, a price-to-earnings ratio of 24.08 and a beta of 0.40. The stock has a 50-day simple moving average of $24.32 and a 200-day simple moving average of $23.96.

Cabana Target Drawdown 10 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Investors of record on Monday, June 24th were issued a $0.0323 dividend. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.13 annualized dividend and a yield of 0.52%. Cabana Target Drawdown 10 ETF’s dividend payout ratio is presently 49.51%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Cabana Target Drawdown 10 ETF stock. Davis R M Inc. bought a new position in Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 14,653 shares of the company’s stock, valued at approximately $341,000. Davis R M Inc. owned approximately 0.12% of Cabana Target Drawdown 10 ETF at the end of the most recent quarter. Institutional investors and hedge funds own 31.57% of the company’s stock.

About Cabana Target Drawdown 10 ETF

The Cabana Target Drawdown 10 ETF (TDSC) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds which aims to provide long-term growth that adjusts an asset allocation to pursue a targeted risk parameter of 10% from peak to trough.