Farther Finance Advisors LLC Boosts Stock Position in Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA)

Farther Finance Advisors LLC grew its position in shares of Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) by 48.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,617 shares of the company’s stock after purchasing an additional 3,488 shares during the period. Farther Finance Advisors LLC owned 0.24% of Wahed Dow Jones Islamic World ETF worth $271,000 at the end of the most recent quarter.

Wahed Dow Jones Islamic World ETF Stock Performance

UMMA stock opened at $24.60 on Friday. Wahed Dow Jones Islamic World ETF has a one year low of $20.37 and a one year high of $26.44. The company has a 50 day moving average price of $25.06 and a two-hundred day moving average price of $24.79. The stock has a market capitalization of $110.70 million, a P/E ratio of 20.60 and a beta of 1.03.

Wahed Dow Jones Islamic World ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.145 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.36%. This is an increase from Wahed Dow Jones Islamic World ETF’s previous quarterly dividend of $0.01.

Wahed Dow Jones Islamic World ETF Company Profile

The Wahed Dow Jones Islamic World ETF (UMMA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of global ex-US securities that are determined to be Shariah-compliant based on business activities and accounting criteria. Holdings are also screened to assess ESG risks.