30,968 Shares in Saba Closed-End Funds ETF $CEFS Acquired by Quantify Chaos Advisors LLC

Quantify Chaos Advisors LLC bought a new position in shares of Saba Closed-End Funds ETF (BATS:CEFS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 30,968 shares of the company’s stock, valued at approximately $714,000. Saba Closed-End Funds ETF comprises about 2.2% of Quantify Chaos Advisors LLC’s portfolio, making the stock its 12th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. NBC Securities Inc. lifted its stake in shares of Saba Closed-End Funds ETF by 14.6% in the 4th quarter. NBC Securities Inc. now owns 6,440 shares of the company’s stock valued at $148,000 after purchasing an additional 821 shares during the last quarter. Anfield Capital Management LLC increased its position in shares of Saba Closed-End Funds ETF by 32.1% during the 4th quarter. Anfield Capital Management LLC now owns 7,429 shares of the company’s stock worth $171,000 after purchasing an additional 1,806 shares during the last quarter. Encompass More Asset Management purchased a new stake in Saba Closed-End Funds ETF in the 4th quarter valued at about $216,000. Novem Group raised its holdings in Saba Closed-End Funds ETF by 25.8% in the 4th quarter. Novem Group now owns 12,190 shares of the company’s stock valued at $281,000 after buying an additional 2,500 shares during the period. Finally, Private Advisor Group LLC lifted its position in Saba Closed-End Funds ETF by 29.5% in the third quarter. Private Advisor Group LLC now owns 13,395 shares of the company’s stock valued at $305,000 after buying an additional 3,055 shares during the last quarter.

Saba Closed-End Funds ETF Price Performance

Shares of CEFS stock opened at $24.69 on Wednesday. The firm has a market cap of $328.38 million, a PE ratio of 21.88 and a beta of 0.72. The company has a 50-day moving average of $23.59 and a two-hundred day moving average of $23.19. Saba Closed-End Funds ETF has a 1-year low of $21.38 and a 1-year high of $25.56.

Saba Closed-End Funds ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Wednesday, February 25th were issued a $0.14 dividend. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date was Wednesday, February 25th.

Saba Closed-End Funds ETF Profile

The Saba Closed-End Funds ETF (CEFS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value and hedging for duration risk. CEFS was launched on Mar 21, 2017 and is managed by Saba.