Jensen Quality Growth ETF (NYSEARCA:JGRW) Increases Dividend to $0.03 Per Share

Jensen Quality Growth ETF (NYSEARCA:JGRW) announced a quarterly dividend on Thursday, November 13th. Investors of record on Friday, November 14th will be given a dividend of 0.0338 per share on Monday, November 17th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Friday, November 14th. This is a 95.1% increase from Jensen Quality Growth ETF’s previous quarterly dividend of $0.02.

Jensen Quality Growth ETF Trading Down 0.7%

JGRW traded down $0.19 on Friday, hitting $26.90. 13,991 shares of the company’s stock traded hands, compared to its average volume of 22,621. The company’s 50 day simple moving average is $27.07 and its 200-day simple moving average is $26.59. Jensen Quality Growth ETF has a one year low of $22.86 and a one year high of $27.60. The firm has a market cap of $72.89 million, a price-to-earnings ratio of 31.47 and a beta of 0.74.

Hedge Funds Weigh In On Jensen Quality Growth ETF

An institutional investor recently raised its position in Jensen Quality Growth ETF stock. SOL Capital Management CO boosted its stake in shares of Jensen Quality Growth ETF (NYSEARCA:JGRW) by 4.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 233,890 shares of the company’s stock after acquiring an additional 9,135 shares during the period. SOL Capital Management CO owned 8.63% of Jensen Quality Growth ETF worth $6,382,000 at the end of the most recent quarter.

Jensen Quality Growth ETF Company Profile

The Jensen Quality Growth ETF (JGRW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital growth through an actively managed portfolio of US stocks exhibiting growth and quality characteristics. JGRW was launched on Aug 13, 2024 and is issued by Jensen.