Cabana Target Drawdown 7 ETF Announces Quarterly Dividend of $0.13 (NASDAQ:TDSB)

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) declared a quarterly dividend on Thursday, June 25th, NASDAQ Dividends reports. Investors of record on Friday, June 26th will be paid a dividend of 0.126 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, June 26th.

Cabana Target Drawdown 7 ETF Trading Down 0.1%

Shares of Cabana Target Drawdown 7 ETF stock traded down $0.02 during trading hours on Friday, reaching $24.58. 10,720 shares of the company’s stock were exchanged, compared to its average volume of 7,180. The firm has a market capitalization of $49.16 million, a price-to-earnings ratio of 20.85 and a beta of 0.34. The company has a fifty day moving average of $24.78 and a 200-day moving average of $24.59. Cabana Target Drawdown 7 ETF has a 52-week low of $21.70 and a 52-week high of $25.30.

Cabana Target Drawdown 7 ETF Company Profile

The Cabana Target Drawdown 7 ETF (TDSB) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds which aims to provide long-term growth that adjusts an asset allocation to pursue a targeted risk parameter of 7% from peak to trough. TDSB was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.