CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) to Issue Dividend Increase – $0.20 Per Share

CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) announced a quarterly dividend on Tuesday, December 30th. Shareholders of record on Wednesday, December 31st will be given a dividend of 0.204 per share on Friday, January 2nd. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 5.8% increase from CCM Affordable Housing MBS ETF’s previous quarterly dividend of $0.19.

CCM Affordable Housing MBS ETF Stock Performance

NYSEARCA OWNS traded down $0.13 on Wednesday, reaching $17.57. 2,823 shares of the stock traded hands, compared to its average volume of 23,945. The firm’s fifty day simple moving average is $17.59 and its 200 day simple moving average is $17.40. CCM Affordable Housing MBS ETF has a 12 month low of $16.57 and a 12 month high of $18.04.

CCM Affordable Housing MBS ETF Company Profile

The Impact Shares Affordable Housing MBS ETF (OWNS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to generate current income from an actively managed portfolio of investment grade, fixed income securities backed by mortgage loans made to low- and moderate-income borrowers and minorities. OWNS was launched on Jul 26, 2021 and is managed by Impact Shares.