Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Increases Dividend to $0.05 Per Share

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) announced a quarterly dividend on Monday, December 22nd. Investors of record on Tuesday, December 23rd will be given a dividend of 0.052 per share on Wednesday, December 24th. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date is Tuesday, December 23rd. This is a 220.6% increase from Burney U.S. Factor Rotation ETF’s previous quarterly dividend of $0.02.

Burney U.S. Factor Rotation ETF Stock Up 0.6%

Shares of Burney U.S. Factor Rotation ETF stock opened at $50.91 on Tuesday. Burney U.S. Factor Rotation ETF has a 52 week low of $34.29 and a 52 week high of $50.91. The firm’s 50 day moving average is $49.12 and its two-hundred day moving average is $47.12. The firm has a market capitalization of $540.66 million, a P/E ratio of 22.00 and a beta of 1.08.

Burney U.S. Factor Rotation ETF Company Profile

The Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation ETF (BRNY) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that shifts US equity exposure between size and style perceived to be advantageous for the given market phase. Individual securities are selected based on a proprietary quantitative model, using a multi-factor approach. BRNY was launched on Oct 13, 2022 and is managed by Alpha Architect.