Swan Enhanced Dividend Income ETF (BATS:SCLZ) to Issue Monthly Dividend of $0.41

Swan Enhanced Dividend Income ETF (BATS:SCLZ) announced a monthly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of 0.408 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date is Thursday, September 24th. This is a 1.1% increase from Swan Enhanced Dividend Income ETF’s previous monthly dividend of $0.40.

Swan Enhanced Dividend Income ETF Stock Performance

Shares of BATS:SCLZ traded down $0.66 during midday trading on Thursday, hitting $56.87. The company’s stock had a trading volume of 573 shares, compared to its average volume of 1,082. The company has a market cap of $14.22 million, a P/E ratio of 24.61 and a beta of 0.58. Swan Enhanced Dividend Income ETF has a 12-month low of $50.41 and a 12-month high of $57.54. The business’s 50 day simple moving average is $56.29 and its 200 day simple moving average is $55.32.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Swan Enhanced Dividend Income ETF stock. Swan Global Investments LLC lifted its stake in Swan Enhanced Dividend Income ETF (BATS:SCLZ) by 6.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,191 shares of the company’s stock after purchasing an additional 1,600 shares during the quarter. Swan Enhanced Dividend Income ETF comprises about 0.0% of Swan Global Investments LLC’s holdings, making the stock its 27th largest holding. Swan Global Investments LLC owned 8.40% of Swan Enhanced Dividend Income ETF worth $1,379,000 as of its most recent filing with the SEC.

Swan Enhanced Dividend Income ETF Company Profile

The Swan Enhanced Dividend Income ETF (SCLZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming for total return by investing in dividend-paying large- and mid-cap US stocks while enhancing returns through a covered call-writing options strategy. SCLZ was launched on Feb 26, 2024 and is issued by Swan.