Employees Retirement Fund of the City of Fort Worth Takes $2.50 Million Position in Ballast Small/Mid Cap ETF $MGMT

Posted by Chris Copeland on Feb 28th, 2026

Employees Retirement Fund of the City of Fort Worth purchased a new position in Ballast Small/Mid Cap ETF (NYSEARCA:MGMT – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 56,800 shares of the company’s stock, valued at approximately $2,502,000. Ballast Small/Mid Cap ETF makes up about 1.2% of Employees Retirement Fund of the City of Fort Worth’s holdings, making the stock its 18th largest position. Employees Retirement Fund of the City of Fort Worth owned 1.62% of Ballast Small/Mid Cap ETF at the end of the most recent reporting period.

Separately, Atlas Brown Inc. bought a new stake in Ballast Small/Mid Cap ETF during the third quarter worth about $220,000.

Ballast Small/Mid Cap ETF Stock Performance

Shares of NYSEARCA MGMT opened at $48.12 on Friday. Ballast Small/Mid Cap ETF has a fifty-two week low of $32.09 and a fifty-two week high of $50.23. The company has a market capitalization of $166.01 million, a price-to-earnings ratio of 16.95 and a beta of 0.92. The company has a 50 day simple moving average of $47.61 and a two-hundred day simple moving average of $45.05.

Ballast Small/Mid Cap ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Monday, January 5th. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.1507 per share. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 34.0%.

About Ballast Small/Mid Cap ETF

(Free Report)

The Ballast Small\u002FMid Cap ETF (MGMT) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively-managed fund that aims for positive risk-adjusted returns. MGMT was launched on Dec 2, 2020 and is managed by Ballast.