Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) to Issue Dividend of $0.08

Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) announced a dividend on Thursday, December 4th. Shareholders of record on Friday, December 5th will be paid a dividend of 0.0775 per share on Monday, December 8th. This represents a yield of 2,328.0%. The ex-dividend date of this dividend is Friday, December 5th.

Nicholas Global Equity and Income ETF Stock Up 1.4%

Shares of GIAX stock opened at $17.31 on Friday. The stock has a market cap of $74.09 million, a PE ratio of 24.80 and a beta of 1.01. The business has a 50-day simple moving average of $17.32 and a 200-day simple moving average of $17.55. Nicholas Global Equity and Income ETF has a 52-week low of $14.20 and a 52-week high of $19.95.

Institutional Investors Weigh In On Nicholas Global Equity and Income ETF

An institutional investor recently bought a new position in Nicholas Global Equity and Income ETF stock. OLD Mission Capital LLC bought a new stake in shares of Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 29,245 shares of the company’s stock, valued at approximately $480,000. OLD Mission Capital LLC owned approximately 0.93% of Nicholas Global Equity and Income ETF at the end of the most recent reporting period.

About Nicholas Global Equity and Income ETF

The Nicholas Global Equity and Income ETF (GIAX) is an exchange-traded fund that mostly invests in total market equity. The fund invests in globally listed stocks of index-tracking ETFs while employing a daily credit call spread strategy. The actively managed fund-of-funds primarily seeks high current income and, secondarily, capital appreciation.