Kingsbarn Dividend Opportunity ETF (DVDN)
Kingsbarn Dividend Opportunity ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Greenwood Village, CO, US. The stock last traded at $15.70, up 0.20% on the session, giving a market capitalisation of $3.4M. Its beta of 0.63 implies it has historically moved less than the broad market.
This fund aims to achieve its investment goals by typically allocating at least 80% of its net assets to companies that distribute dividends. The advisor plans to focus a significant portion of its holdings on publicly traded equity securities of U.S. mortgage Real Estate Investment Trusts (REITs) and Business Development Companies (BDCs). These underlying entities, in turn, primarily invest in residential and commercial loans and their related securities, provide financing to private businesses, and employ various types of derivatives for both capital growth and risk mitigation. The fund operates as a non-diversified investment product.
Kingsbarn Dividend Opportunity ETF is most often compared with the following Financial Services names: