Miller Global Investments LLC Purchases New Position in Ballast Small/Mid Cap ETF $MGMT

Miller Global Investments LLC acquired a new position in shares of Ballast Small/Mid Cap ETF (NYSEARCA:MGMT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 16,020 shares of the company’s stock, valued at approximately $710,000.

Separately, Atlas Brown Inc. bought a new stake in Ballast Small/Mid Cap ETF in the third quarter valued at approximately $220,000.

Ballast Small/Mid Cap ETF Stock Performance

MGMT opened at $44.68 on Friday. The firm’s fifty day moving average is $47.81 and its two-hundred day moving average is $45.28. The firm has a market cap of $154.15 million, a PE ratio of 16.95 and a beta of 0.92. Ballast Small/Mid Cap ETF has a twelve month low of $32.09 and a twelve month high of $50.23.

Ballast Small/Mid Cap ETF Dividend Announcement

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

Ballast Small/Mid Cap ETF Profile

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.