TrueShares Active Yield ETF (NASDAQ:ERNZ) to Issue $0.18 Monthly Dividend

TrueShares Active Yield ETF (NASDAQ:ERNZ) declared a monthly dividend on Wednesday, February 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, February 27th will be given a dividend of 0.1775 per share on Friday, February 28th. This represents a $2.13 annualized dividend and a dividend yield of 8.99%. The ex-dividend date of this dividend is Thursday, February 27th.

TrueShares Active Yield ETF Trading Down 1.9 %

Shares of TrueShares Active Yield ETF stock traded down $0.45 during trading on Thursday, hitting $23.68. The stock had a trading volume of 6,141 shares, compared to its average volume of 53,463. The firm has a market cap of $154.63 million and a price-to-earnings ratio of 12.66. TrueShares Active Yield ETF has a 12 month low of $23.68 and a 12 month high of $25.78. The business’s 50-day moving average is $24.30 and its 200 day moving average is $24.69.

About TrueShares Active Yield ETF

The TrueShares Active Yield ETF (ERNZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to outperform the broader market by investing in a portfolio of 50-150 income-generating securities derived from quantitative and qualitative analysis. ERNZ was launched on Apr 30, 2024 and is issued by Truemark Group.