Swan Hedged Equity US Large Cap ETF (BATS:HEGD) Trading 0.7% Higher – Time to Buy?

Swan Hedged Equity US Large Cap ETF (BATS:HEGD)’s share price traded up 0.7% during trading on Wednesday . The stock traded as high as $25.37 and last traded at $25.39. 122,736 shares changed hands during trading, an increase of 53% from the average session volume of 80,031 shares. The stock had previously closed at $25.21.

Swan Hedged Equity US Large Cap ETF Price Performance

The stock has a market capitalization of $461.08 million, a price-to-earnings ratio of 25.32 and a beta of 0.55. The firm has a 50 day simple moving average of $25.42 and a 200-day simple moving average of $24.91.

Swan Hedged Equity US Large Cap ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were given a dividend of $0.0903 per share. The ex-dividend date was Tuesday, December 23rd. This represents a dividend yield of 36.0%.

Institutional Trading of Swan Hedged Equity US Large Cap ETF

Several large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its holdings in shares of Swan Hedged Equity US Large Cap ETF by 14.3% during the third quarter. NewEdge Advisors LLC now owns 1,341,774 shares of the company’s stock worth $33,437,000 after buying an additional 167,410 shares in the last quarter. Baird Financial Group Inc. boosted its holdings in shares of Swan Hedged Equity US Large Cap ETF by 60.5% in the 2nd quarter. Baird Financial Group Inc. now owns 73,253 shares of the company’s stock worth $1,721,000 after acquiring an additional 27,617 shares in the last quarter. Vantage Financial Partners LLC boosted its holdings in shares of Swan Hedged Equity US Large Cap ETF by 3.5% in the 4th quarter. Vantage Financial Partners LLC now owns 477,957 shares of the company’s stock worth $12,049,000 after acquiring an additional 16,086 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in Swan Hedged Equity US Large Cap ETF by 6.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 14,233 shares of the company’s stock worth $355,000 after acquiring an additional 889 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in Swan Hedged Equity US Large Cap ETF by 27.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,866 shares of the company’s stock valued at $185,000 after purchasing an additional 1,689 shares in the last quarter.

About Swan Hedged Equity US Large Cap ETF

The Swan Hedged Equity US Large Cap ETF (HEGD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides hedged exposure to US large-cap companies using ETFs and options. HEGD was launched on Dec 22, 2020 and is managed by Swan.