STF Tactical Growth ETF (NASDAQ:TUG) Stock Price Down 1.1% – Here’s What Happened

STF Tactical Growth ETF (NASDAQ:TUG) fell 1.1% during mid-day trading on Wednesday . The stock traded as low as $39.76 and last traded at $39.9840. 2,556 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 6,606 shares. The stock had previously closed at $40.41.

STF Tactical Growth ETF Stock Down 1.1%

The stock has a market cap of $37.19 million, a P/E ratio of 28.66 and a beta of 0.67. The company’s 50 day moving average price is $40.15 and its 200-day moving average price is $38.86.

STF Tactical Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were issued a dividend of $0.6653 per share. This represents a $2.66 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend was Wednesday, December 24th. This is a boost from STF Tactical Growth ETF’s previous quarterly dividend of $0.00.

STF Tactical Growth ETF Company Profile

The STF Tactical Growth ETF (TUG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks long-term capital growth by allocating its exposure to US equity and fixed income securities based on proprietary signals. The fund is actively managed TUG was launched on May 19, 2022 and is managed by STF.