TrueShares Active Yield ETF (NASDAQ:ERNZ) Announces Monthly Dividend of $0.09

TrueShares Active Yield ETF (NASDAQ:ERNZ) declared a monthly dividend on Wednesday, February 25th. Shareholders of record on Thursday, February 26th will be given a dividend of 0.0872 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Thursday, February 26th. This is a 8.5% increase from TrueShares Active Yield ETF’s previous monthly dividend of $0.08.

TrueShares Active Yield ETF Stock Performance

Shares of NASDAQ:ERNZ traded down $0.05 during trading hours on Thursday, hitting $21.67. The stock had a trading volume of 321 shares, compared to its average volume of 9,090. The stock’s fifty day simple moving average is $21.17 and its 200 day simple moving average is $21.55. The firm has a market capitalization of $56.99 million, a price-to-earnings ratio of 14.09 and a beta of 0.54. TrueShares Active Yield ETF has a 1-year low of $20.38 and a 1-year high of $24.60.

About TrueShares Active Yield ETF

The TrueShares Active Yield ETF (ERNZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to outperform the broader market by investing in a portfolio of 50-150 income-generating securities derived from quantitative and qualitative analysis. ERNZ was launched on Apr 30, 2024 and is issued by Truemark Group.