Eagle Capital Select Equity ETF (NYSEARCA:EAGL) Reaches New 12-Month High After Dividend Announcement

Eagle Capital Select Equity ETF (NYSEARCA:EAGL) reached a new 52-week high during mid-day trading on Monday after the company announced a dividend. The company traded as high as $32.90 and last traded at $32.8060, with a volume of 73906 shares. The stock had previously closed at $32.80.

The newly announced dividend which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th will be issued a dividend of $0.1784 per share. This represents a dividend yield of 55.0%. The ex-dividend date is Tuesday, December 30th.

Eagle Capital Select Equity ETF Stock Performance

The firm has a market capitalization of $3.43 billion, a price-to-earnings ratio of 19.27 and a beta of 0.77. The company has a 50-day moving average of $31.93 and a 200-day moving average of $31.07.

Hedge Funds Weigh In On Eagle Capital Select Equity ETF

Large investors have recently added to or reduced their stakes in the company. CIBC Bancorp USA Inc. bought a new stake in shares of Eagle Capital Select Equity ETF in the third quarter valued at about $55,420,000. Wilmington Savings Fund Society FSB lifted its stake in Eagle Capital Select Equity ETF by 11.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 56,164 shares of the company’s stock valued at $1,756,000 after acquiring an additional 5,825 shares in the last quarter. Susquehanna International Group LLP acquired a new position in Eagle Capital Select Equity ETF during the 3rd quarter worth approximately $215,000. Permanens Capital L.P. grew its stake in shares of Eagle Capital Select Equity ETF by 0.5% during the 3rd quarter. Permanens Capital L.P. now owns 764,024 shares of the company’s stock worth $23,883,000 after acquiring an additional 3,947 shares in the last quarter. Finally, Morse Asset Management Inc raised its holdings in shares of Eagle Capital Select Equity ETF by 87.0% in the third quarter. Morse Asset Management Inc now owns 68,245 shares of the company’s stock valued at $2,133,000 after purchasing an additional 31,745 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Eagle Capital Select Equity ETF Company Profile

The Eagle Capital Select Equity ETF (EAGL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in value stocks from around the globe, selected based on the advisers estimate of long-term intrinsic value. The ETF converted from a separately managed account. EAGL was launched on Mar 21, 2024 and is issued by Eagle.