Strategy Shares NASDAQ 7 HANDL ETF Plans Monthly Dividend of $0.12 (NASDAQ:HNDL)

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) announced a monthly dividend on Monday, August 12th, Zacks reports. Shareholders of record on Tuesday, August 13th will be paid a dividend of 0.124 per share on Wednesday, August 14th. This represents a $1.49 dividend on an annualized basis and a yield of 6.93%. The ex-dividend date is Tuesday, August 13th.

Strategy Shares NASDAQ 7 HANDL ETF Stock Performance

HNDL traded up $0.16 during trading on Wednesday, reaching $21.46. 105,965 shares of the company traded hands, compared to its average volume of 102,654. The company has a market cap of $810.12 million, a P/E ratio of 19.76 and a beta of 0.57. Strategy Shares NASDAQ 7 HANDL ETF has a 12-month low of $18.30 and a 12-month high of $21.69. The firm has a fifty day simple moving average of $21.22 and a 200 day simple moving average of $20.91.

Strategy Shares NASDAQ 7 HANDL ETF Company Profile

The Strategy Shares Nasdaq 7 Handl Index ETF (HNDL) is an exchange-traded fund that is based on the NASDAQ 7 HANDL index. The fund is a fund of funds that targets a high distribution rate. The funds index reflects a balanced portfolio of US equities, fixed income, and alternative investments HNDL was launched on Jan 17, 2018 and is managed by Strategy Shares.