Ballast Small/Mid Cap ETF (NYSEARCA:MGMT) Declares $0.15 Annual Dividend

Ballast Small/Mid Cap ETF (NYSEARCA:MGMT) declared an annual dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be given a dividend of 0.1507 per share on Monday, January 5th. This represents a dividend yield of 34.0%. The ex-dividend date is Tuesday, December 30th.

Ballast Small/Mid Cap ETF Stock Down 0.9%

Shares of MGMT stock opened at $44.82 on Tuesday. The company has a market cap of $156.87 million, a price-to-earnings ratio of 16.95 and a beta of 0.92. Ballast Small/Mid Cap ETF has a 52 week low of $32.09 and a 52 week high of $46.06. The firm has a 50 day moving average of $43.75 and a 200-day moving average of $42.79.

About Ballast Small/Mid Cap ETF

The Ballast Small\u002FMid Cap ETF (MGMT) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively-managed fund that aims for positive risk-adjusted returns. MGMT was launched on Dec 2, 2020 and is managed by Ballast.