SGI Enhanced Core ETF (NASDAQ:USDX) to Issue Monthly Dividend of $0.08

SGI Enhanced Core ETF (NASDAQ:USDX) declared a monthly dividend on Wednesday, February 25th, NASDAQ Dividends reports. Shareholders of record on Thursday, February 26th will be given a dividend of 0.08 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Thursday, February 26th.

SGI Enhanced Core ETF Price Performance

USDX traded down $0.06 during midday trading on Thursday, reaching $25.53. 161,704 shares of the company were exchanged, compared to its average volume of 104,219. SGI Enhanced Core ETF has a one year low of $25.22 and a one year high of $26.06. The stock’s 50-day simple moving average is $25.61 and its 200 day simple moving average is $25.77.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC acquired a new stake in shares of SGI Enhanced Core ETF (NASDAQ:USDX) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 56,867 shares of the company’s stock, valued at approximately $1,459,000. Flow Traders U.S. LLC owned 0.30% of SGI Enhanced Core ETF as of its most recent filing with the Securities & Exchange Commission.

About SGI Enhanced Core ETF

The SGI Enhanced Core ETF (USDX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund enhanced yield by actively managing a portfolio of high-yielding, ultra-short term fixed income instruments, while also employing a put-and-call options strategy. The fund seeks to generate additional income by selling short-term options. USDX was launched on Feb 29, 2024 and is issued by Summit Global Investments.