STF Tactical Growth & Income ETF (NASDAQ:TUGN) Trading 1.2% Higher – Time to Buy?
by Amy Steele · The Cerbat GemShares of STF Tactical Growth & Income ETF (NASDAQ:TUGN – Get Free Report) traded up 1.2% on Thursday . The company traded as high as $27.99 and last traded at $27.90. 7,152 shares changed hands during trading, a decline of 74% from the average session volume of 27,378 shares. The stock had previously closed at $27.58.
STF Tactical Growth & Income ETF Trading Down 1.6%
The firm has a market cap of $82.35 million, a PE ratio of 32.38 and a beta of 0.79. The stock has a fifty day simple moving average of $24.82 and a two-hundred day simple moving average of $25.22.
STF Tactical Growth & Income ETF Increases Dividend
The business also recently announced a monthly dividend, which was paid on Friday, April 24th. Shareholders of record on Thursday, April 23rd were issued a dividend of $0.2513 per share. This represents a c) dividend on an annualized basis and a yield of 11.0%. The ex-dividend date of this dividend was Thursday, April 23rd. This is a boost from STF Tactical Growth & Income ETF’s previous monthly dividend of $0.23.
About STF Tactical Growth & Income ETF
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.