Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Trading Up 0.1% – Time to Buy?

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) shares shot up 0.1% during trading on Friday . The company traded as high as $28.71 and last traded at $28.70. 7,674 shares traded hands during trading, a decline of 39% from the average daily volume of 12,504 shares. The stock had previously closed at $28.68.

Cabana Target Drawdown 10 ETF Trading Up 0.1%

The company has a market capitalization of $105.33 million, a price-to-earnings ratio of 27.86 and a beta of 0.46. The firm has a 50-day moving average price of $27.78 and a 200-day moving average price of $27.13.

Cabana Target Drawdown 10 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 26th were given a dividend of $0.0797 per share. This is a positive change from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.06. The ex-dividend date was Friday, June 26th. This represents a $0.32 annualized dividend and a dividend yield of 1.1%. Cabana Target Drawdown 10 ETF’s payout ratio is 42.72%.

Cabana Target Drawdown 10 ETF Company Profile

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.