Aptus Defined Risk ETF (BATS:DRSK) Position Boosted by Sugarloaf Wealth Management LLC

Sugarloaf Wealth Management LLC raised its holdings in shares of Aptus Defined Risk ETF (BATS:DRSK) by 1.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,380,237 shares of the company’s stock after buying an additional 40,816 shares during the period. Aptus Defined Risk ETF comprises approximately 11.2% of Sugarloaf Wealth Management LLC’s portfolio, making the stock its largest position. Sugarloaf Wealth Management LLC owned about 12.02% of Aptus Defined Risk ETF worth $65,290,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ORG Partners LLC grew its holdings in shares of Aptus Defined Risk ETF by 4.2% in the fourth quarter. ORG Partners LLC now owns 924,028 shares of the company’s stock worth $25,346,000 after purchasing an additional 36,985 shares during the last quarter. Private Trust Co. NA increased its position in shares of Aptus Defined Risk ETF by 507.1% in the third quarter. Private Trust Co. NA now owns 8,500 shares of the company’s stock valued at $241,000 after acquiring an additional 7,100 shares during the period. United Advisor Group LLC raised its stake 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 acquiring an additional 38,586 shares during the last quarter. Maripau Wealth Management LLC boosted its holdings in shares of Aptus Defined Risk ETF by 59.0% during 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 period. Finally, Park Place Capital Corp boosted its holdings 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 worth $10,535,000 after purchasing an additional 39,807 shares during the period.

Aptus Defined Risk ETF Price Performance

BATS:DRSK traded down $0.04 during mid-day trading on Friday, reaching $27.43. 217,290 shares of the company’s stock traded hands. The firm’s 50-day moving average is $27.88 and its 200 day moving average is $27.83. The firm has a market cap of $543.11 million, a price-to-earnings ratio of 1.33 and a beta of 0.51.

Aptus Defined Risk ETF Dividend Announcement

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

Aptus Defined Risk ETF 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.