Direxion Daily AVGO Bear 1X ETF (NASDAQ:AVS – Get Free Report) declared a quarterly dividend on Monday, September 21st. Investors of record on Tuesday, September 22nd will be given a dividend of 0.043 per share on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date is Tuesday, September 22nd. This is a 20.0% increase from Direxion Daily AVGO Bear 1X ETF’s previous quarterly dividend of $0.04.
Direxion Daily AVGO Bear 1X ETF Price Performance
Direxion Daily AVGO Bear 1X ETF stock traded down $0.08 during mid-day trading on Tuesday, reaching $7.93. The company had a trading volume of 11,000,752 shares, compared to its average volume of 6,712,693. Direxion Daily AVGO Bear 1X ETF has a 52 week low of $6.25 and a 52 week high of $10.95. The company has a 50 day moving average of $7.77 and a 200-day moving average of $8.11.
Institutional Investors Weigh In On Direxion Daily AVGO Bear 1X ETF
Hedge funds have recently made changes to their positions in the stock. Hamilton Wealth LLC acquired a new position in Direxion Daily AVGO Bear 1X ETF in the 1st quarter valued at approximately $205,000. AFG Fiduciary Services Limited Partnership grew its holdings in shares of Direxion Daily AVGO Bear 1X ETF by 85.6% during the 2nd quarter. AFG Fiduciary Services Limited Partnership now owns 20,362 shares of the company’s stock worth $168,000 after purchasing an additional 9,391 shares in the last quarter. Finally, Optiver Holding B.V. increased its position in shares of Direxion Daily AVGO Bear 1X ETF by 123.0% during the first quarter. Optiver Holding B.V. now owns 4,668 shares of the company’s stock valued at $48,000 after purchasing an additional 2,575 shares during the period.
About Direxion Daily AVGO Bear 1X ETF
The Direxion Daily AVGO Bear 1X Shares (AVS) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Broadcom Inc stock. AVS was launched on Oct 10, 2024 and is issued by Direxion.
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