IDX Dynamic Fixed Income ETF Declares Monthly Dividend of $0.08 (NASDAQ:DYFI)

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) declared a monthly dividend on Tuesday, August 25th, NASDAQ Dividends reports. Shareholders of record on Wednesday, August 26th will be paid a dividend of 0.0761 per share on Thursday, August 27th. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Wednesday, August 26th.

IDX Dynamic Fixed Income ETF Stock Performance

DYFI stock traded down $0.09 during midday trading on Wednesday, reaching $22.63. The company had a trading volume of 11,329 shares, compared to its average volume of 8,546. The stock has a 50 day moving average price of $22.69 and a 200 day moving average price of $22.83. IDX Dynamic Fixed Income ETF has a fifty-two week low of $22.50 and a fifty-two week high of $23.47.

Institutional Inflows and Outflows

A hedge fund recently raised its position in IDX Dynamic Fixed Income ETF stock. JPMorgan Chase & Co. increased its stake in shares of IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) by 1,351.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,774 shares of the company’s stock after buying an additional 10,963 shares during the quarter. JPMorgan Chase & Co. owned about 0.74% of IDX Dynamic Fixed Income ETF worth $273,000 at the end of the most recent quarter.

IDX Dynamic Fixed Income ETF Company Profile

The IDX Dynamic Fixed Income ETF (DYFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that invests broadly across various sectors of the fixed income markets around the world. Investment could include debt securities of various maturities and credit quality. DYFI was launched on Jan 10, 2024 and is issued by IDX.