Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Trading Up 0% – Should You Buy?

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) shares shot up 0% during mid-day trading on Thursday . The company traded as high as $24.16 and last traded at $24.16. 12,970 shares were traded during mid-day trading, a decline of 47% from the average session volume of 24,317 shares. The stock had previously closed at $24.15.

Cabana Target Drawdown 10 ETF Stock Performance

The business has a fifty day simple moving average of $23.44 and a 200-day simple moving average of $24.54. The firm has a market cap of $159.21 million, a price-to-earnings ratio of 23.46 and a beta of 0.40.

Cabana Target Drawdown 10 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Wednesday, March 26th were paid a $0.2303 dividend. This is a boost from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Wednesday, March 26th. This represents a $0.92 annualized dividend and a dividend yield of 3.81%. Cabana Target Drawdown 10 ETF’s dividend payout ratio is presently 64.08%.

Institutional Investors Weigh In On Cabana Target Drawdown 10 ETF

A hedge fund recently bought a new stake in Cabana Target Drawdown 10 ETF stock. OLD Mission Capital LLC purchased a new stake in Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 14,001 shares of the company’s stock, valued at approximately $342,000. OLD Mission Capital LLC owned 0.19% of Cabana Target Drawdown 10 ETF at the end of the most recent quarter. Institutional investors own 31.57% of the company’s stock.

About Cabana Target Drawdown 10 ETF

The Cabana Target Drawdown 10 ETF (TDSC) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds which aims to provide long-term growth that adjusts an asset allocation to pursue a targeted risk parameter of 10% from peak to trough.