SGI Enhanced Core ETF (NASDAQ:USDX) Announces $0.08 Monthly Dividend

SGI Enhanced Core ETF (NASDAQ:USDX) declared a monthly dividend on Wednesday, February 25th, NASDAQ Dividends reports. Shareholders of record on Thursday, February 26th will be given a dividend of 0.08 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, February 26th.

SGI Enhanced Core ETF Trading Down 0.2%

Shares of USDX traded down $0.06 during midday trading on Thursday, hitting $25.53. 161,704 shares of the company traded hands, compared to its average volume of 104,219. SGI Enhanced Core ETF has a one year low of $25.22 and a one year high of $26.06. The stock has a 50-day moving average of $25.61 and a 200-day moving average of $25.77.

About SGI Enhanced Core ETF

The SGI Enhanced Core ETF (USDX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund enhanced yield by actively managing a portfolio of high-yielding, ultra-short term fixed income instruments, while also employing a put-and-call options strategy. The fund seeks to generate additional income by selling short-term options. USDX was launched on Feb 29, 2024 and is issued by Summit Global Investments.