Oregon Pacific Wealth Management LLC Purchases New Shares in Saba Closed-End Funds ETF (BATS:CEFS)

Oregon Pacific Wealth Management LLC bought a new position in Saba Closed-End Funds ETF (BATS:CEFS) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 22,203 shares of the company’s stock, valued at approximately $476,000. Oregon Pacific Wealth Management LLC owned approximately 0.24% of Saba Closed-End Funds ETF at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Future Financial Wealth Managment LLC bought a new stake in Saba Closed-End Funds ETF during the third quarter worth $44,000. NBC Securities Inc. increased its holdings in Saba Closed-End Funds ETF by 62.4% during the third quarter. NBC Securities Inc. now owns 3,827 shares of the company’s stock worth $85,000 after buying an additional 1,470 shares during the last quarter. Amplius Wealth Advisors LLC raised its position in Saba Closed-End Funds ETF by 2.0% in the third quarter. Amplius Wealth Advisors LLC now owns 24,984 shares of the company’s stock worth $556,000 after acquiring an additional 478 shares during the period. Fortress Wealth Management Inc. boosted its stake in Saba Closed-End Funds ETF by 4.3% in the third quarter. Fortress Wealth Management Inc. now owns 340,909 shares of the company’s stock valued at $7,585,000 after acquiring an additional 14,164 shares during the last quarter. Finally, Foundations Investment Advisors LLC increased its stake in shares of Saba Closed-End Funds ETF by 12.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 217,417 shares of the company’s stock worth $4,838,000 after purchasing an additional 24,350 shares during the last quarter.

Saba Closed-End Funds ETF Trading Up 1.0 %

Saba Closed-End Funds ETF stock opened at $22.22 on Monday. The business’s 50 day simple moving average is $22.05 and its 200 day simple moving average is $21.88. Saba Closed-End Funds ETF has a 12 month low of $19.83 and a 12 month high of $22.14. The company has a market cap of $205.54 million, a price-to-earnings ratio of 18.35 and a beta of 0.72.

Saba Closed-End Funds ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were paid a $0.2197 dividend. This is a boost from Saba Closed-End Funds ETF’s previous dividend of $0.14. The ex-dividend date was Monday, December 30th.

Saba Closed-End Funds ETF Company 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.