TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) Declares Monthly Dividend of $0.30

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) declared a monthly dividend on Monday, February 2nd. Stockholders of record on Tuesday, February 3rd will be paid a dividend of 0.3001 per share on Wednesday, February 4th. This represents a c) dividend on an annualized basis and a dividend yield of 14.3%. The ex-dividend date of this dividend is Tuesday, February 3rd.

TappAlpha SPY Growth & Daily Income ETF Stock Performance

Shares of TSPY stock traded down $0.57 during trading on Tuesday, hitting $25.22. The company’s stock had a trading volume of 522,466 shares, compared to its average volume of 342,885. The business has a fifty day moving average of $25.54 and a 200-day moving average of $25.26. TappAlpha SPY Growth & Daily Income ETF has a 52 week low of $20.02 and a 52 week high of $26.67.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in TappAlpha SPY Growth & Daily Income ETF stock. Cloud Capital Management LLC purchased a new stake in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 18,186 shares of the company’s stock, valued at approximately $464,000. Cloud Capital Management LLC owned 0.39% of TappAlpha SPY Growth & Daily Income ETF at the end of the most recent reporting period.

About TappAlpha SPY Growth & Daily Income ETF

The TappAlpha SPY Growth & Daily Income ETF (TSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide a balanced approached to growth and income from US large-cap equities. The fund holds long exposure to the S&P 500 Index and writes daily out-of-the-money calls, using 0DTE options. TSPY was launched on Aug 14, 2024 and is issued by TappAlpha.