Sound Enhanced Fixed Income ETF (NYSE:FXED) Declares $0.04 Dividend

Sound Enhanced Fixed Income ETF (NYSE:FXED) declared a dividend on Monday, September 14th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.04 per share on Wednesday, September 16th. This represents a yield of 567.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

Sound Enhanced Fixed Income ETF Stock Performance

Shares of FXED stock opened at $16.93 on Tuesday. Sound Enhanced Fixed Income ETF has a 1 year low of $16.86 and a 1 year high of $19.00. The stock has a market cap of $38.61 million, a PE ratio of 11.31 and a beta of 0.53. The business’s fifty day moving average is $17.34 and its 200-day moving average is $17.47.

About Sound Enhanced Fixed Income ETF

The Sound Enhanced Fixed Income ETF (FXED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond portfolio that seeks current income and capital appreciation with few limitations in respect to geographic, type, credit, or duration exposure. FXED was launched on Dec 30, 2020 and is managed by Tidal.