Farther Finance Advisors LLC Purchases 2,861 Shares of Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA)

Farther Finance Advisors LLC increased its position in Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) by 25.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,103 shares of the company’s stock after buying an additional 2,861 shares during the quarter. Farther Finance Advisors LLC’s holdings in Wahed Dow Jones Islamic World ETF were worth $337,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Wahed Dow Jones Islamic World ETF Price Performance

NASDAQ:UMMA opened at $25.80 on Wednesday. The business has a 50 day moving average of $24.84 and a 200 day moving average of $24.59. The company has a market capitalization of $129 million, a price-to-earnings ratio of 23.33 and a beta of 1.03. Wahed Dow Jones Islamic World ETF has a 1-year low of $20.85 and a 1-year high of $26.86.

Wahed Dow Jones Islamic World ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 26th were given a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, March 26th. This represents a $0.24 dividend on an annualized basis and a yield of 0.93%.

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.