Palladiem LLC Makes New Investment in IDX Dynamic Fixed Income ETF $DYFI

Palladiem LLC purchased a new position in shares of IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 256,327 shares of the company’s stock, valued at approximately $5,916,000. IDX Dynamic Fixed Income ETF comprises about 5.6% of Palladiem LLC’s portfolio, making the stock its 8th biggest position. Palladiem LLC owned about 10.25% of IDX Dynamic Fixed Income ETF at the end of the most recent quarter.

Separately, JPMorgan Chase & Co. increased its stake in IDX Dynamic Fixed Income ETF by 1,351.8% during the second quarter. JPMorgan Chase & Co. now owns 11,774 shares of the company’s stock worth $273,000 after acquiring an additional 10,963 shares during the last quarter.

IDX Dynamic Fixed Income ETF Trading Down 0.3%

DYFI stock opened at $22.70 on Friday. IDX Dynamic Fixed Income ETF has a 1 year low of $22.57 and a 1 year high of $23.47. The stock has a 50-day simple moving average of $22.80 and a 200-day simple moving average of $23.01.

IDX Dynamic Fixed Income ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, April 23rd. Stockholders of record on Wednesday, April 22nd were paid a $0.081 dividend. The ex-dividend date was Wednesday, April 22nd.

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.