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TBG Dividend Focus ETF (NYSE: TBG) Surpasses $100 Million in Assets
Business Wire (Tue, 4-Feb 8:00 AM ET)
The investment objective of the TBG DIVIDEND FOCUS ETF is to generate long-term growth and capital appreciation and sustainable premium income by investing in a concentrated portfolio of publicly-traded companies that are repeatedly growing their dividends. The strategy uses quantitative and qualitative measures to assess dividend sustainability and the likelihood of distribution growth over time.
TBG Dividend Focus ETF trades on the ARCA stock market under the symbol TBG.
As of March 5, 2025, TBG stock price climbed to $33.40 with 27,671 million shares trading.
TBG has a beta of 0.61, meaning it tends to be less sensitive to market movements. TBG has a correlation of 0.41 to the broad based SPY ETF.
TBG has a market cap of $117.23 million. This is considered a Micro Cap stock.
TBG has outperformed the market in the last year with a price return of +19.4% while the SPY ETF gained +15.2%. TBG has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +0.1% and -0.9%, respectively, while the SPY returned -3.7% and -4.6%, respectively.
TBG support price is $33.12 and resistance is $33.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TBG shares will trade within this expected range on the day.