STF Tactical Growth & Income ETF (NASDAQ:TUGN) Shares Down 0.3% – Should You Sell?

Shares of STF Tactical Growth & Income ETF (NASDAQ:TUGN) were down 0.3% during trading on Tuesday. The company traded as low as $27.81 and last traded at $27.88. Approximately 14,666 shares were traded during mid-day trading, a decline of 46% from the average session volume of 26,977 shares. The stock had previously closed at $27.9693.

STF Tactical Growth & Income ETF Trading Down 1.5%

The stock has a market capitalization of $81.32 million, a P/E ratio of 32.38 and a beta of 0.82. The company has a fifty day simple moving average of $27.66 and a two-hundred day simple moving average of $27.12.

STF Tactical Growth & Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Thursday, July 23rd were given a dividend of $0.2765 per share. The ex-dividend date was Thursday, July 23rd. This represents a $3.32 annualized dividend and a dividend yield of 12.1%.

STF Tactical Growth & Income ETF Company Profile

The STF Tactical Growth & Income ETF (TUGN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that allocates among equities, fixed income, and money markets, depending on signals derived from a proprietary algo that tracks the price action across asset classes. The fund employs an option spread strategy to potentially increase the funds returns TUGN was launched on May 19, 2022 and is managed by STF.