Sound Equity Dividend Income ETF (NYSE:DIVY – Get Free Report) announced a dividend on Monday, September 14th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.039 per share on Wednesday, September 16th. This represents a dividend yield of 306.0%. The ex-dividend date of this dividend is Tuesday, September 15th.
Sound Equity Dividend Income ETF Price Performance
Shares of DIVY opened at $30.61 on Tuesday. Sound Equity Dividend Income ETF has a 1-year low of $24.94 and a 1-year high of $31.40. The company has a 50-day moving average of $30.52 and a 200 day moving average of $28.99. The firm has a market capitalization of $29.08 million, a price-to-earnings ratio of 15.13 and a beta of 0.66.
Hedge Funds Weigh In On Sound Equity Dividend Income ETF
A hedge fund recently bought a new position in Sound Equity Dividend Income ETF stock. Hilton Head Capital Partners LLC purchased a new stake in Sound Equity Dividend Income ETF (NYSE:DIVY – Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,049 shares of the company’s stock, valued at approximately $29,000. Hilton Head Capital Partners LLC owned 0.10% of Sound Equity Dividend Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
About Sound Equity Dividend Income ETF
The Sound Equity Income ETF (DIVY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed, narrow portfolio, of US large- and mid-cap stocks, fundamentally selected for capital appreciation and dividend yield. DIVY was launched on Dec 30, 2020 and is managed by Tidal.
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