KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) to Issue Monthly Dividend of $0.07

KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSHGet Free Report) announced a monthly dividend on Wednesday, January 28th. Shareholders of record on Thursday, January 29th will be paid a dividend of 0.0719 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Thursday, January 29th.

KraneShares Sustainable Ultra Short Duration Index ETF Stock Performance

KraneShares Sustainable Ultra Short Duration Index ETF stock traded down $0.08 during mid-day trading on Thursday, hitting $25.06. 467 shares of the company were exchanged, compared to its average volume of 11,704. KraneShares Sustainable Ultra Short Duration Index ETF has a 12-month low of $24.54 and a 12-month high of $25.26. The business’s 50 day simple moving average is $25.11 and its two-hundred day simple moving average is $25.12.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in KraneShares Sustainable Ultra Short Duration Index ETF stock. Krane Funds Advisors LLC lifted its position in shares of KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSHFree Report) by 12.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,057,400 shares of the company’s stock after buying an additional 875,800 shares during the quarter. KraneShares Sustainable Ultra Short Duration Index ETF makes up 5.7% of Krane Funds Advisors LLC’s investment portfolio, making the stock its 7th largest position. Krane Funds Advisors LLC owned about 98.26% of KraneShares Sustainable Ultra Short Duration Index ETF worth $202,563,000 at the end of the most recent quarter.

About KraneShares Sustainable Ultra Short Duration Index ETF

(Get Free Report)

The KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to provide a green cash option to investors. The fund is passively managed, seeking to provide current income through ultra-short duration, USD-denominated, investment grade corporate bonds KCSH was launched on Jul 26, 2024 and is issued by KraneShares.

Further Reading

Dividend History for KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH)

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