IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Trading Up 0.2% – Should You Buy?

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI)’s share price was up 0.2% during trading on Thursday . The company traded as high as $23.20 and last traded at $23.1750. Approximately 7,969 shares were traded during trading, a decline of 39% from the average daily volume of 13,152 shares. The stock had previously closed at $23.14.

IDX Dynamic Fixed Income ETF Stock Up 0.0%

The business has a 50 day moving average of $23.31 and a 200 day moving average of $23.13.

IDX Dynamic Fixed Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 30th. Stockholders of record on Wednesday, October 29th were given a $0.0948 dividend. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Wednesday, October 29th.

Hedge Funds Weigh In On IDX Dynamic Fixed Income ETF

An institutional investor recently raised its position in IDX Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. boosted its stake in IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) by 1,351.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,774 shares of the company’s stock after buying an additional 10,963 shares during the period. JPMorgan Chase & Co. owned 0.74% of IDX Dynamic Fixed Income ETF worth $273,000 at the end of the most recent reporting period.

IDX Dynamic Fixed Income ETF Company Profile

The IDX Dynamic Fixed Income ETF (DYFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that invests broadly across various sectors of the fixed income markets around the world. Investment could include debt securities of various maturities and credit quality.