Advance Capital Management Inc. Sells 1,956 Shares of VanEck Digital Transformation ETF (NASDAQ:DAPP)

Advance Capital Management Inc. reduced its holdings in VanEck Digital Transformation ETF (NASDAQ:DAPP) by 7.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,358 shares of the company’s stock after selling 1,956 shares during the period. Advance Capital Management Inc. owned approximately 0.19% of VanEck Digital Transformation ETF worth $350,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Jane Street Group LLC boosted its holdings in VanEck Digital Transformation ETF by 1,134.9% in the 3rd quarter. Jane Street Group LLC now owns 533,518 shares of the company’s stock valued at $6,274,000 after purchasing an additional 490,316 shares during the period. Flow Traders U.S. LLC raised its position in shares of VanEck Digital Transformation ETF by 844.5% during the third quarter. Flow Traders U.S. LLC now owns 298,318 shares of the company’s stock valued at $3,508,000 after buying an additional 266,734 shares during the last quarter. CreativeOne Wealth LLC bought a new stake in shares of VanEck Digital Transformation ETF in the third quarter valued at about $137,000. TCP Asset Management LLC grew its position in VanEck Digital Transformation ETF by 12.1% during the third quarter. TCP Asset Management LLC now owns 18,543 shares of the company’s stock worth $218,000 after buying an additional 2,000 shares in the last quarter. Finally, Gainplan LLC increased its stake in VanEck Digital Transformation ETF by 2.2% during the third quarter. Gainplan LLC now owns 86,811 shares of the company’s stock valued at $1,041,000 after acquiring an additional 1,876 shares during the period.

VanEck Digital Transformation ETF Stock Performance

Shares of NASDAQ:DAPP traded up $0.52 during trading on Monday, hitting $17.11. 522,924 shares of the stock were exchanged, compared to its average volume of 370,440. The company’s fifty day simple moving average is $16.84 and its 200-day simple moving average is $13.56. The company has a market capitalization of $220.38 million, a price-to-earnings ratio of 2.89 and a beta of 2.90. VanEck Digital Transformation ETF has a 1-year low of $6.91 and a 1-year high of $20.71.

VanEck Digital Transformation ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were paid a $0.5808 dividend. The ex-dividend date was Monday, December 23rd.

About VanEck Digital Transformation ETF

The VanEck Digital Transformation ETF (DAPP) is an exchange-traded fund that is based on the MVIS Global Digital Assets Equity index, a market-cap-weighted index of global innovative companies that are involved in the digitalization of the worlds economy through a diverse range of digital assets. DAPP was launched on Apr 12, 2021 and is managed by VanEck.