Enact (ACT) Price, Holdings, & News

ETF Overview

Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. It engages in writing and assuming residential mortgage guaranty insurance. The company also offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; contract underwriting services for mortgage lenders; and mortgage-related reinsurance products. It primarily serves originators of residential mortgage loans. The company was formerly known as Genworth Mortgage Holdings, Inc. and changed its name to Enact Holdings, Inc. in May 2021. Enact Holdings, Inc. was founded in 1981 and is headquartered in Raleigh, North Carolina. Enact Holdings, Inc. operates as a subsidiary of Genworth Holdings Inc.

Key Stats

• Today's Range: $35.40 to $35.73
• 50-Day Range: $31.91 to $37.32
• 52-Week Range: $29.37 to $37.56
• Volume: 254,898 shs
• Average Volume: 334,095 shs
• Market Capitalization: $5.32 billion
• Assets Under Management: $12.40 million
• Dividend Yield: 2.37%
• Net Expense Ratio: 0.75%
• Aggregate Rating: N/A

ACT ETF - Frequently Asked Questions

How have ACT shares performed this year?

Enact's stock was trading at $32.38 on January 1st, 2025. Since then, ACT shares have increased by 9.5% and is now trading at $35.47.
View the best growth stocks for 2025 here.

How were Enact's earnings last quarter?

Enact Holdings, Inc. (NASDAQ:ACT) posted its quarterly earnings results on Wednesday, April, 30th. The company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.12 by $0.02. The company earned $306.78 million during the quarter, compared to analysts' expectations of $302.28 million. Enact had a net margin of 57.25% and a trailing twelve-month return on equity of 14.79%.
Read the conference call transcript.

Is Enact buying back stock?

Enact's Board of Directors authorized a stock buyback program on Wednesday, April 30th 2025, which authorizes the company to buy back $350,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 6.5% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

When did Enact IPO?

Enact (ACT) raised $253 million in an initial public offering (IPO) on Thursday, September 16th 2021. The company issued 13,310,400 shares at a price of $19.00 per share.

Who are Enact's major shareholders?

Enact's top institutional shareholders include Vanguard Group Inc. (2.03%), Boston Partners (0.63%), Allianz Asset Management GmbH (0.53%) and Nuveen LLC (0.50%). Insiders that own company stock include Genworth Holdings, Inc, Rohit Gupta, Brian Gould and James Mcmullen.
View institutional ownership trends.

How do I buy shares of Enact?

Shares of ACT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Enact own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Enact investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and e.l.f. Beauty (ELF).

Fund Details

• Issuer: AdvisorShares
• Fund Name: AdvisorShares Vice ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:ACT
• Inception Date: 12/12/2017
• Fund Manager: Dan S. Ahrens, Robert M. Parker
• Web: new.mortgageinsurance.genworth.com
• Phone: 919-846-4100

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Strategy
• Focus: Theme
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 0

Fund Statistics

• Assets Under Management: $12.40 million
• Average Daily Volume: $1,652.50
• Discount/Premium: 0.00%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: AdvisorShares Investments, LLC
• Custodian: The Bank of New York Mellon Corporation
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: N/A

Miscellaneous

• Outstanding Shares: 150,066,000
• Beta: 0.60