Sound Equity Dividend Income ETF (NYSEARCA:DIVY – Get Free Report)’s stock price shot up 0.5% on Wednesday . The stock traded as high as $25.93 and last traded at $25.89. 5,362 shares changed hands during trading, an increase of 5% from the average session volume of 5,126 shares. The stock had previously closed at $25.75.
Sound Equity Dividend Income ETF Stock Performance
The company has a market capitalization of $30.15 million, a price-to-earnings ratio of 16.05 and a beta of 0.76. The business’s 50-day simple moving average is $25.99 and its 200-day simple moving average is $26.37.
Sound Equity Dividend Income ETF Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, March 14th. Investors of record on Thursday, March 13th were issued a dividend of $0.039 per share. The ex-dividend date was Thursday, March 13th. This is a boost from Sound Equity Dividend Income ETF’s previous dividend of $0.03.
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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