Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $25.44 and traded as high as $26.02. Cabana Target Drawdown 10 ETF shares last traded at $25.88, with a volume of 33,149 shares.

Cabana Target Drawdown 10 ETF Stock Performance

The company has a fifty day moving average of $25.45 and a two-hundred day moving average of $24.78. The firm has a market capitalization of $208.09 million, a price-to-earnings ratio of 25.13 and a beta of 0.40.

Cabana Target Drawdown 10 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Tuesday, September 24th were issued a dividend of $0.0757 per share. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.17%. This is an increase from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.03. Cabana Target Drawdown 10 ETF’s dividend payout ratio (DPR) is currently 45.63%.

Cabana Target Drawdown 10 ETF Company Profile

The Cabana Target Drawdown 10 ETF (TDSC) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds which aims to provide long-term growth that adjusts an asset allocation to pursue a targeted risk parameter of 10% from peak to trough.