Overlay Shares Core Bond ETF (OVB) to Issue Quarterly Dividend of $0.08 on February 26th

Overlay Shares Core Bond ETF (NYSEARCA:OVB) declared a quarterly dividend on Tuesday, February 24th. Stockholders of record on Wednesday, February 25th will be given a dividend of 0.0841 per share on Thursday, February 26th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Wednesday, February 25th.

Overlay Shares Core Bond ETF Stock Performance

NYSEARCA OVB opened at $20.88 on Thursday. Overlay Shares Core Bond ETF has a one year low of $19.52 and a one year high of $21.05. The company has a 50-day simple moving average of $20.69 and a 200-day simple moving average of $20.70. The firm has a market capitalization of $34.45 million, a PE ratio of 24.69 and a beta of 0.39.

Institutional Trading of Overlay Shares Core Bond ETF

A hedge fund recently raised its stake in Overlay Shares Core Bond ETF stock. Bison Wealth LLC lifted its holdings in shares of Overlay Shares Core Bond ETF (NYSEARCA:OVB) by 77.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 459,206 shares of the company’s stock after buying an additional 201,124 shares during the period. Overlay Shares Core Bond ETF makes up about 0.9% of Bison Wealth LLC’s investment portfolio, making the stock its 11th largest holding. Bison Wealth LLC owned about 18.15% of Overlay Shares Core Bond ETF worth $9,286,000 as of its most recent SEC filing.

About Overlay Shares Core Bond ETF

The Overlay Shares Core Bond ETF (OVB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is actively managed to provide exposure to U.S. Investment-grade bonds combined with a U.S OVB was launched on Sep 30, 2019 and is managed by Overlay Shares.