Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Announces Annual Dividend of $0.21

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) declared an annual dividend on Monday, December 29th. Stockholders of record on Tuesday, December 30th will be paid a dividend of 0.2088 per share on Wednesday, December 31st. This represents a dividend yield of 88.0%. The ex-dividend date is Tuesday, December 30th.

Cabana Target Leading Sector Moderate ETF Trading Down 0.9%

CLSM opened at $23.66 on Tuesday. Cabana Target Leading Sector Moderate ETF has a 12 month low of $18.24 and a 12 month high of $23.89. The business’s 50-day moving average price is $23.40 and its 200-day moving average price is $22.63. The company has a market cap of $113.09 million, a P/E ratio of 20.00 and a beta of 0.50.

Cabana Target Leading Sector Moderate ETF Company Profile

The Cabana Target Leading Sector Moderate ETF (CLSM) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund seeks long-term growth by allocating to a mix of broad asset class ETFs in response to economic conditions. The fund uses an algorithm to select investments in sectors that it identifies as attractive pursuant to its moderate risk profile. CLSM was launched on Jul 12, 2021 and is managed by Exchange Traded Concepts.