Brandes U.S. Value ETF (BATS:BUSA) Trading 0.3% Higher After Dividend Announcement

Brandes U.S. Value ETF (BATS:BUSA) traded up 0.3% on Friday after the company announced a dividend. The company traded as high as $32.17 and last traded at $32.16. 22,509 shares traded hands during trading, The stock had previously closed at $32.05.

The newly announced dividend which will be paid on Tuesday, December 31st. Investors of record on Monday, December 30th will be issued a $0.1474 dividend. The ex-dividend date of this dividend is Monday, December 30th.

Brandes U.S. Value ETF Stock Down 0.5 %

The stock has a market cap of $124.75 million, a P/E ratio of 15.71 and a beta of 0.74. The stock has a fifty day simple moving average of $32.72 and a 200-day simple moving average of $31.54.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Brandes U.S. Value ETF stock. Harbor Investment Advisory LLC bought a new stake in Brandes U.S. Value ETF (BATS:BUSA) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 28,976 shares of the company’s stock, valued at approximately $921,000. Harbor Investment Advisory LLC owned 0.74% of Brandes U.S. Value ETF at the end of the most recent quarter.

About Brandes U.S. Value ETF

The Brandes U.S. Value ETF (BUSA) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of companies whose business activities are predominantly in the US. The fund seeks securities that are perceived to be trading at a discount to their intrinsic value BUSA was launched on Oct 3, 2023 and is issued by Brandes.