Palladiem LLC Makes New $5.92 Million Investment in IDX Dynamic Fixed Income ETF $DYFI

Palladiem LLC bought a new position in shares of IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) during the fourth quarter, HoldingsChannel reports. The firm bought 256,327 shares of the company’s stock, valued at approximately $5,916,000. IDX Dynamic Fixed Income ETF makes up about 5.6% of Palladiem LLC’s holdings, making the stock its 8th biggest holding. Palladiem LLC owned about 0.10% of IDX Dynamic Fixed Income ETF as of its most recent filing with the SEC.

Separately, JPMorgan Chase & Co. lifted its holdings in IDX Dynamic Fixed Income ETF by 1,351.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 11,774 shares of the company’s stock worth $273,000 after buying an additional 10,963 shares during the last quarter.

IDX Dynamic Fixed Income ETF Stock Down 0.3%

NASDAQ:DYFI opened at $22.70 on Friday. The business’s 50 day moving average is $22.80 and its two-hundred day moving average is $23.01. IDX Dynamic Fixed Income ETF has a 52 week low of $22.57 and a 52 week high of $23.47.

IDX Dynamic Fixed Income ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, April 23rd. Shareholders of record on Wednesday, April 22nd were issued a dividend of $0.081 per share. The ex-dividend date of this dividend was Wednesday, April 22nd.

About IDX Dynamic Fixed Income ETF

The IDX Dynamic Fixed Income ETF (DYFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that invests broadly across various sectors of the fixed income markets around the world. Investment could include debt securities of various maturities and credit quality. DYFI was launched on Jan 10, 2024 and is issued by IDX.