Magnolia Private Wealth LLC Takes $611,000 Position in Aptus Collared Investment Opportunity ETF (BATS:ACIO)

Magnolia Private Wealth LLC bought a new position in shares of Aptus Collared Investment Opportunity ETF (BATS:ACIO) in the fourth quarter, Holdings Channel reports. The firm bought 15,196 shares of the company’s stock, valued at approximately $611,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ACIO. JPMorgan Chase & Co. lifted its position in Aptus Collared Investment Opportunity ETF by 87.7% during the third quarter. JPMorgan Chase & Co. now owns 5,175 shares of the company’s stock valued at $206,000 after buying an additional 2,418 shares in the last quarter. MAI Capital Management raised its stake in shares of Aptus Collared Investment Opportunity ETF by 27.6% in the 3rd quarter. MAI Capital Management now owns 732,686 shares of the company’s stock valued at $29,117,000 after acquiring an additional 158,379 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Aptus Collared Investment Opportunity ETF by 52.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 16,131 shares of the company’s stock valued at $641,000 after acquiring an additional 5,547 shares in the last quarter. ORG Partners LLC boosted its position in Aptus Collared Investment Opportunity ETF by 1.9% during the 4th quarter. ORG Partners LLC now owns 699,439 shares of the company’s stock worth $28,145,000 after purchasing an additional 12,959 shares during the period. Finally, Sugarloaf Wealth Management LLC boosted its position in Aptus Collared Investment Opportunity ETF by 2.0% during the 4th quarter. Sugarloaf Wealth Management LLC now owns 1,117,167 shares of the company’s stock worth $44,955,000 after purchasing an additional 22,304 shares during the period.

Aptus Collared Investment Opportunity ETF Stock Up 1.3 %

BATS:ACIO opened at $40.45 on Wednesday. The firm has a 50 day moving average of $40.76 and a 200-day moving average of $40.20. The stock has a market capitalization of $986.17 million, a price-to-earnings ratio of 25.00 and a beta of 0.70.

Aptus Collared Investment Opportunity ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were issued a dividend of $0.034 per share. The ex-dividend date was Monday, December 30th.

About Aptus Collared Investment Opportunity ETF

The Aptus Collared Income Opportunity ETF (ACIO) is an exchange-traded fund that is based on the NYSE Multi-Asset High Income index. The fund is an actively-managed portfolio of US large cap equities as well as corresponding options collars for those constituents. ACIO was launched on Jul 10, 2019 and is managed by Aptus.