EverSource Wealth Advisors LLC Boosts Stock Position in TBG Dividend Focus ETF $TBG

EverSource Wealth Advisors LLC lifted its stake in TBG Dividend Focus ETF (NYSEARCA:TBG) by 23.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 104,681 shares of the company’s stock after purchasing an additional 19,837 shares during the period. EverSource Wealth Advisors LLC’s holdings in TBG Dividend Focus ETF were worth $3,649,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada purchased a new stake in TBG Dividend Focus ETF in the 4th quarter valued at $25,000. Osaic Holdings Inc. purchased a new stake in shares of TBG Dividend Focus ETF in the second quarter valued at about $54,000. Team Financial Group LLC purchased a new stake in shares of TBG Dividend Focus ETF in the first quarter valued at about $119,000. CWM LLC increased its position in TBG Dividend Focus ETF by 47.7% during the fourth quarter. CWM LLC now owns 6,734 shares of the company’s stock worth $225,000 after purchasing an additional 2,175 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in TBG Dividend Focus ETF by 39.7% during the fourth quarter. Geneos Wealth Management Inc. now owns 6,783 shares of the company’s stock worth $226,000 after purchasing an additional 1,928 shares during the last quarter.

TBG Dividend Focus ETF Price Performance

Shares of TBG stock opened at $38.40 on Thursday. The company has a market capitalization of $262.66 million, a PE ratio of 17.05 and a beta of 0.58. The firm’s 50-day moving average is $37.16 and its two-hundred day moving average is $36.15. TBG Dividend Focus ETF has a 12 month low of $32.21 and a 12 month high of $38.82.

About TBG Dividend Focus ETF

The TBG Dividend Focus ETF (TBG) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed portfolio of dividend-paying US companies selected using fundamental analysis. The fund seeks to provide income and long-term capital appreciation TBG was launched on Nov 6, 2023 and is issued by EA Series Trust.