Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Trading Down 0.4% – What’s Next?

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC)’s stock price was down 0.4% during trading on Friday . The stock traded as low as $27.53 and last traded at $27.53. 2,856 shares traded hands during trading, a decline of 79% from the average session volume of 13,533 shares. The stock had previously closed at $27.65.

Cabana Target Drawdown 10 ETF Trading Down 0.4%

The company has a market capitalization of $101.04 million, a price-to-earnings ratio of 26.73 and a beta of 0.46. The stock’s 50 day moving average price is $27.70 and its 200 day moving average price is $26.81.

Cabana Target Drawdown 10 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 26th were issued a dividend of $0.0797 per share. The ex-dividend date was Friday, June 26th. This is a boost from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.06. This represents a $0.32 annualized dividend and a yield of 1.2%. Cabana Target Drawdown 10 ETF’s dividend payout ratio is currently 42.72%.

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. TDSC was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.