Triad Wealth Partners LLC Acquires Shares of 42,709 Cabana Target Leading Sector Moderate ETF $CLSM

Triad Wealth Partners LLC acquired a new position in shares of Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 42,709 shares of the company’s stock, valued at approximately $984,000. Triad Wealth Partners LLC owned approximately 0.89% of Cabana Target Leading Sector Moderate ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Harbour Investments Inc. lifted its holdings in shares of Cabana Target Leading Sector Moderate ETF by 66.3% during the 2nd quarter. Harbour Investments Inc. now owns 2,102 shares of the company’s stock worth $45,000 after acquiring an additional 838 shares during the last quarter. Avaii Wealth Management LLC bought a new stake in Cabana Target Leading Sector Moderate ETF in the 2nd quarter worth $365,000. Finally, Corient Private Wealth LLC purchased a new position in Cabana Target Leading Sector Moderate ETF during the 2nd quarter valued at about $4,104,000.

Cabana Target Leading Sector Moderate ETF Trading Up 1.0%

Shares of NASDAQ CLSM opened at $23.72 on Thursday. Cabana Target Leading Sector Moderate ETF has a 12 month low of $18.24 and a 12 month high of $23.91. The firm has a market capitalization of $105.08 million, a PE ratio of 20.00 and a beta of 0.50. The firm has a fifty day simple moving average of $23.44 and a two-hundred day simple moving average of $22.89.

Cabana Target Leading Sector Moderate ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.2088 per share. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 89.0%.

About Cabana Target Leading Sector Moderate ETF

The Cabana Target Leading Sector Moderate ETF (CLSM) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund seeks long-term growth by allocating to a mix of broad asset class ETFs in response to economic conditions. The fund uses an algorithm to select investments in sectors that it identifies as attractive pursuant to its moderate risk profile. CLSM was launched on Jul 12, 2021 and is managed by Exchange Traded Concepts.