Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Hits New 1-Year High Following Dividend Announcement

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) hit a new 52-week high on Monday following a dividend announcement from the company. The company traded as high as $32.90 and last traded at $32.8060, with a volume of 73906 shares traded. The stock had previously closed at $32.80.

The newly announced dividend which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th will be given a dividend of $0.1784 per share. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a dividend yield of 55.0%.

Eagle Capital Select Equity ETF Price Performance

The stock has a market cap of $3.43 billion, a PE ratio of 19.27 and a beta of 0.77. The stock’s fifty day moving average is $31.93 and its 200-day moving average is $31.07.

Institutional Trading of Eagle Capital Select Equity ETF

Several institutional investors have recently made changes to their positions in EAGL. Atlanta Consulting Group Advisors LLC grew its position in Eagle Capital Select Equity ETF by 0.3% in the third quarter. Atlanta Consulting Group Advisors LLC now owns 576,689 shares of the company’s stock worth $18,027,000 after acquiring an additional 1,845 shares during the period. Ameritas Advisory Services LLC acquired a new position in shares of Eagle Capital Select Equity ETF in the 3rd quarter valued at $94,000. Permanens Capital L.P. grew its holdings in shares of Eagle Capital Select Equity ETF by 0.5% during the 3rd quarter. Permanens Capital L.P. now owns 764,024 shares of the company’s stock worth $23,883,000 after purchasing an additional 3,947 shares during the period. Wilmington Savings Fund Society FSB increased its position in shares of Eagle Capital Select Equity ETF by 11.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 56,164 shares of the company’s stock worth $1,756,000 after purchasing an additional 5,825 shares during the last quarter. Finally, Susquehanna International Group LLP purchased a new stake in Eagle Capital Select Equity ETF in the 3rd quarter valued at about $215,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

About Eagle Capital Select Equity ETF

The Eagle Capital Select Equity ETF (EAGL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in value stocks from around the globe, selected based on the advisers estimate of long-term intrinsic value. The ETF converted from a separately managed account. EAGL was launched on Mar 21, 2024 and is issued by Eagle.