Quantify Chaos Advisors LLC Buys New Shares in Saba Closed-End Funds ETF $CEFS

Quantify Chaos Advisors LLC bought a new position in Saba Closed-End Funds ETF (BATS:CEFS) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 30,968 shares of the company’s stock, valued at approximately $714,000. Saba Closed-End Funds ETF accounts for about 2.2% of Quantify Chaos Advisors LLC’s holdings, making the stock its 12th largest holding. Quantify Chaos Advisors LLC owned about 0.23% of Saba Closed-End Funds ETF at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Amplius Wealth Advisors LLC lifted its position in shares of Saba Closed-End Funds ETF by 1.9% in the fourth quarter. Amplius Wealth Advisors LLC now owns 27,551 shares of the company’s stock valued at $635,000 after acquiring an additional 502 shares in the last quarter. NBC Securities Inc. raised its stake in Saba Closed-End Funds ETF by 14.6% during the 4th quarter. NBC Securities Inc. now owns 6,440 shares of the company’s stock valued at $148,000 after purchasing an additional 821 shares during the period. Cary Street Partners Financial LLC lifted its holdings in Saba Closed-End Funds ETF by 3.4% in the 3rd quarter. Cary Street Partners Financial LLC now owns 28,884 shares of the company’s stock worth $658,000 after purchasing an additional 938 shares in the last quarter. Advisor OS LLC lifted its holdings in Saba Closed-End Funds ETF by 6.6% in the 4th quarter. Advisor OS LLC now owns 24,812 shares of the company’s stock worth $572,000 after purchasing an additional 1,534 shares in the last quarter. Finally, Anfield Capital Management LLC boosted its stake in Saba Closed-End Funds ETF by 32.1% in the 4th quarter. Anfield Capital Management LLC now owns 7,429 shares of the company’s stock worth $171,000 after purchasing an additional 1,806 shares during the period.

Saba Closed-End Funds ETF Price Performance

Shares of CEFS opened at $24.69 on Wednesday. The firm has a market cap of $328.38 million, a P/E ratio of 21.88 and a beta of 0.72. Saba Closed-End Funds ETF has a 1 year low of $21.38 and a 1 year high of $25.56. The company has a 50 day simple moving average of $23.59 and a two-hundred day simple moving average of $23.19.

Saba Closed-End Funds ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Wednesday, February 25th were given a dividend of $0.14 per share. The ex-dividend date was Wednesday, February 25th. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%.

About Saba Closed-End Funds ETF

The Saba Closed-End Funds ETF (CEFS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value and hedging for duration risk. CEFS was launched on Mar 21, 2017 and is managed by Saba.