Saba Closed-End Funds ETF $CEFS Shares Bought by XML Financial LLC

XML Financial LLC lifted its position in shares of Saba Closed-End Funds ETF (BATS:CEFS) by 21.1% in the 1st quarter, Holdings Channel reports. The fund owned 231,780 shares of the company’s stock after buying an additional 40,453 shares during the period. XML Financial LLC’s holdings in Saba Closed-End Funds ETF were worth $5,227,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of CEFS. Stifel Financial Corp lifted its position in Saba Closed-End Funds ETF by 2.7% in the 4th quarter. Stifel Financial Corp now owns 16,732 shares of the company’s stock valued at $386,000 after purchasing an additional 441 shares during the last quarter. Amplius Wealth Advisors LLC grew its position in Saba Closed-End Funds ETF by 1.9% in the 4th quarter. Amplius Wealth Advisors LLC now owns 27,551 shares of the company’s stock worth $635,000 after purchasing an additional 502 shares during the last quarter. NBC Securities Inc. grew its position in 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 worth $148,000 after purchasing an additional 821 shares during the last quarter. Tactive Advisors LLC grew its position in Saba Closed-End Funds ETF by 1.7% in the 1st quarter. Tactive Advisors LLC now owns 51,980 shares of the company’s stock worth $1,172,000 after purchasing an additional 871 shares during the last quarter. Finally, Cary Street Partners Financial LLC increased its stake in shares of Saba Closed-End Funds ETF by 3.4% in the third quarter. Cary Street Partners Financial LLC now owns 28,884 shares of the company’s stock valued at $658,000 after purchasing an additional 938 shares during the period.

Saba Closed-End Funds ETF Stock Performance

Shares of BATS:CEFS opened at $25.75 on Monday. The firm’s 50 day moving average is $24.84 and its two-hundred day moving average is $23.63. The firm has a market capitalization of $342.48 million, a P/E ratio of 21.88 and a beta of 0.72. Saba Closed-End Funds ETF has a 52 week low of $21.85 and a 52 week high of $25.98.

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. CEFS was launched on Mar 21, 2017 and is managed by Saba.