Spinnaker Investment Group LLC Has $609,000 Holdings in TBG Dividend Focus ETF (NYSEARCA:TBG)

Spinnaker Investment Group LLC boosted its stake in TBG Dividend Focus ETF (NYSEARCA:TBG) by 124.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 19,071 shares of the company’s stock after buying an additional 10,569 shares during the period. Spinnaker Investment Group LLC’s holdings in TBG Dividend Focus ETF were worth $609,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of TBG. HighTower Advisors LLC grew its stake in TBG Dividend Focus ETF by 2.3% during the third quarter. HighTower Advisors LLC now owns 1,495,778 shares of the company’s stock worth $47,742,000 after buying an additional 33,366 shares during the last quarter. Signaturefd LLC bought a new stake in TBG Dividend Focus ETF during the 3rd quarter worth approximately $54,000. Concourse Financial Group Securities Inc. increased its holdings in TBG Dividend Focus ETF by 160.5% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 5,908 shares of the company’s stock valued at $189,000 after purchasing an additional 3,640 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in 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 purchasing an additional 2,554 shares during the last quarter.

TBG Dividend Focus ETF Stock Performance

Shares of TBG stock opened at $33.24 on Friday. TBG Dividend Focus ETF has a 52 week low of $27.37 and a 52 week high of $34.16. The stock has a market capitalization of $69.80 million, a PE ratio of 18.18 and a beta of 0.55. The stock’s fifty day moving average is $32.74 and its 200-day moving average is $31.72.

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.