CP High Yield Trend ETF (NYSEARCA:HYTR) Announces Monthly Dividend of $0.09

CP High Yield Trend ETF (NYSEARCA:HYTR) announced a monthly dividend on Thursday, February 12th. Shareholders of record on Friday, February 13th will be paid a dividend of 0.0915 per share on Wednesday, February 18th. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Friday, February 13th.

CP High Yield Trend ETF Stock Down 0.1%

HYTR stock opened at $21.86 on Friday. The stock’s 50 day moving average is $21.79 and its two-hundred day moving average is $21.81. CP High Yield Trend ETF has a 52-week low of $20.82 and a 52-week high of $22.14. The company has a market capitalization of $240.90 million, a PE ratio of 10.56 and a beta of 0.25.

About CP High Yield Trend ETF

The CP High Yield Trend ETF (HYTR) is an exchange-traded fund that is based on the CP High Yield Trend index. The fund aims to reduce risk by tracking a rules-based quantitative index of US bonds that will toggling between high yield and treasuries based on momentum. HYTR was launched on Jan 21, 2020 and is managed by Counterpoint.