Aptus Defined Risk ETF (BATS:DRSK) is Sugarloaf Wealth Management LLC’s Largest Position

Sugarloaf Wealth Management LLC grew its stake in Aptus Defined Risk ETF (BATS:DRSK) by 1.7% during the 4th quarter, HoldingsChannel reports. The fund owned 2,380,237 shares of the company’s stock after purchasing an additional 40,816 shares during the quarter. Aptus Defined Risk ETF comprises 11.2% of Sugarloaf Wealth Management LLC’s holdings, making the stock its biggest position. Sugarloaf Wealth Management LLC owned about 0.12% of Aptus Defined Risk ETF worth $65,290,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Private Trust Co. NA raised its holdings in Aptus Defined Risk ETF by 507.1% in the 3rd quarter. Private Trust Co. NA now owns 8,500 shares of the company’s stock worth $241,000 after acquiring an additional 7,100 shares during the last quarter. Maripau Wealth Management LLC raised its stake in shares of Aptus Defined Risk ETF by 59.0% in the third quarter. Maripau Wealth Management LLC now owns 81,394 shares of the company’s stock worth $2,303,000 after purchasing an additional 30,202 shares during the last quarter. ORG Partners LLC lifted its holdings in shares of Aptus Defined Risk ETF by 4.2% during the fourth quarter. ORG Partners LLC now owns 924,028 shares of the company’s stock valued at $25,346,000 after purchasing an additional 36,985 shares in the last quarter. United Advisor Group LLC boosted its position in shares of Aptus Defined Risk ETF by 27.6% during the third quarter. United Advisor Group LLC now owns 178,307 shares of the company’s stock valued at $5,046,000 after buying an additional 38,586 shares during the last quarter. Finally, Park Place Capital Corp boosted its position in shares of Aptus Defined Risk ETF by 12.0% during the third quarter. Park Place Capital Corp now owns 372,250 shares of the company’s stock valued at $10,535,000 after buying an additional 39,807 shares during the last quarter.

Aptus Defined Risk ETF Trading Down 0.1 %

BATS:DRSK traded down $0.04 during mid-day trading on Friday, reaching $27.43. The company’s stock had a trading volume of 217,290 shares. The stock has a market capitalization of $543.11 million, a PE ratio of 1.33 and a beta of 0.51. The firm’s 50-day simple moving average is $27.88 and its two-hundred day simple moving average is $27.83.

Aptus Defined Risk ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were issued a dividend of $0.3044 per share. The ex-dividend date was Monday, December 30th.

Aptus Defined Risk ETF Company Profile

The Aptus Defined Risk ETF (DRSK) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that combines US corporate bond exposure with an overlay of call options on US large-cap stocks. The fund seeks income and capital appreciation. DRSK was launched on Aug 8, 2018 and is managed by Aptus.