SWP Growth & Income ETF (NASDAQ:SWP) Short Interest Update

SWP Growth & Income ETF (NASDAQ:SWP) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 5,718 shares, a drop of 47.2% from the August 31st total of 10,833 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 7,319 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On SWP Growth & Income ETF

A hedge fund recently raised its position in SWP Growth & Income ETF stock. Brian Low Financial Group LLC raised its position in shares of SWP Growth & Income ETF (NASDAQ:SWP) by 7.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 708,588 shares of the company’s stock after acquiring an additional 50,916 shares during the quarter. SWP Growth & Income ETF makes up about 12.8% of Brian Low Financial Group LLC’s holdings, making the stock its largest holding. Brian Low Financial Group LLC owned 13.81% of SWP Growth & Income ETF worth $18,849,000 at the end of the most recent reporting period.

SWP Growth & Income ETF Stock Down 0.3%

Shares of NASDAQ SWP opened at $27.11 on Thursday. The firm has a market cap of $142.57 million, a price-to-earnings ratio of 26.16 and a beta of 0.86. The company’s 50-day simple moving average is $28.47 and its 200-day simple moving average is $28.26. SWP Growth & Income ETF has a 52-week low of $25.73 and a 52-week high of $29.87.

SWP Growth & Income ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were paid a $0.5713 dividend. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $2.29 dividend on an annualized basis and a yield of 8.4%. This is a drop from SWP Growth & Income ETF’s previous quarterly dividend of $0.6160.

SWP Growth & Income ETF Company Profile

The SWP Growth & Income ETF (SWP) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects income-producing companies in the US that exhibit quality characteristics. It selects securities of any capitalization but significantly focuses on the large-cap spectrum. SWP was launched on Sep 25, 2024 and is issued by SWP.