HighTower Advisors LLC Boosts Stock Position in TBG Dividend Focus ETF (NYSEARCA:TBG)

HighTower Advisors LLC lifted its holdings in TBG Dividend Focus ETF (NYSEARCA:TBG) by 3.1% in the fourth quarter, HoldingsChannel reports. The firm owned 1,542,737 shares of the company’s stock after purchasing an additional 46,959 shares during the quarter. HighTower Advisors LLC owned 0.73% of TBG Dividend Focus ETF worth $49,296,000 at the end of the most recent reporting period.

Separately, Spinnaker Investment Group LLC grew its holdings in shares of TBG Dividend Focus ETF by 124.3% in the fourth quarter. Spinnaker Investment Group LLC now owns 19,071 shares of the company’s stock valued at $609,000 after purchasing an additional 10,569 shares in the last quarter.

TBG Dividend Focus ETF Stock Performance

TBG stock opened at $32.19 on Friday. The firm has a fifty day moving average price of $33.06 and a 200 day moving average price of $32.58. TBG Dividend Focus ETF has a fifty-two week low of $27.91 and a fifty-two week high of $34.29. The firm has a market cap of $112.99 million, a PE ratio of 21.21 and a beta of 0.55.

TBG Dividend Focus ETF Company Profile

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.