LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) Raises Dividend to $0.12 Per Share

LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) announced a monthly dividend on Tuesday, December 16th. Stockholders of record on Wednesday, December 17th will be paid a dividend of 0.1157 per share on Wednesday, December 24th. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Wednesday, December 17th. This is a 81.9% increase from LeaderShares Dynamic Yield ETF’s previous monthly dividend of $0.06.

LeaderShares Dynamic Yield ETF Stock Down 0.3%

DYLD opened at $22.58 on Wednesday. LeaderShares Dynamic Yield ETF has a 12 month low of $21.86 and a 12 month high of $22.92. The firm’s fifty day simple moving average is $22.72 and its 200 day simple moving average is $22.67.

Institutional Investors Weigh In On LeaderShares Dynamic Yield ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of DYLD. JPMorgan Chase & Co. acquired a new stake in shares of LeaderShares Dynamic Yield ETF in the second quarter valued at approximately $231,000. UBS Group AG lifted its position in LeaderShares Dynamic Yield ETF by 18.5% during the 3rd quarter. UBS Group AG now owns 47,052 shares of the company’s stock worth $1,069,000 after buying an additional 7,355 shares in the last quarter. Jane Street Group LLC bought a new position in shares of LeaderShares Dynamic Yield ETF in the 1st quarter valued at about $2,468,000. Finally, Citadel Advisors LLC increased its position in shares of LeaderShares Dynamic Yield ETF by 657.0% in the third quarter. Citadel Advisors LLC now owns 126,595 shares of the company’s stock valued at $2,876,000 after acquiring an additional 109,872 shares during the last quarter.

LeaderShares Dynamic Yield ETF Company Profile

The LeaderShares Dynamic Yield ETF (DYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified, global fixed income securities that seeks to capture higher yields through a proprietary risk-reward scheme. DYLD was launched on Jun 28, 2021 and is managed by LeaderShares.