NewEdge Wealth LLC Buys New Stake in Tema Durable Quality ETF $TOLL

NewEdge Wealth LLC purchased a new position in shares of Tema Durable Quality ETF (BATS:TOLL) in the 3rd quarter, Holdings Channel reports. The firm purchased 228,226 shares of the company’s stock, valued at approximately $7,928,000. NewEdge Wealth LLC owned approximately 0.13% of Tema Durable Quality ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Jane Street Group LLC lifted its position in shares of Tema Durable Quality ETF by 28.0% in the first quarter. Jane Street Group LLC now owns 12,265 shares of the company’s stock valued at $394,000 after acquiring an additional 2,680 shares in the last quarter.

Tema Durable Quality ETF Stock Down 0.2%

TOLL opened at $36.19 on Friday. The firm has a market cap of $61.52 million, a P/E ratio of 29.40 and a beta of 1.10. The business’s fifty day simple moving average is $36.07 and its 200 day simple moving average is $34.98. Tema Durable Quality ETF has a 52 week low of $27.00 and a 52 week high of $37.30.

Tema Durable Quality ETF Dividend Announcement

The company also recently declared an annual dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, December 10th were issued a dividend of $0.113 per share. The ex-dividend date was Wednesday, December 10th. This represents a dividend yield of 32.0%.

Tema Durable Quality ETF Profile

The Tema Monopolies and Oligopolies ETF (TOLL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies perceived as monopolies or oligopolies. The fund aims to identify quality companies from around the world characterized by their strong competitive advantage and high barriers to entry. TOLL was launched on May 11, 2023 and is managed by Tema.