SGI Enhanced Core ETF (NASDAQ:USDX) Shares Up 0.1% – Here’s What Happened

SGI Enhanced Core ETF (NASDAQ:USDX)’s stock price was up 0.1% during trading on Thursday . The company traded as high as $25.64 and last traded at $25.57. Approximately 442,487 shares traded hands during mid-day trading, an increase of 364% from the average daily volume of 95,315 shares. The stock had previously closed at $25.55.

SGI Enhanced Core ETF Stock Up 0.0%

The company has a fifty day moving average price of $25.63 and a 200 day moving average price of $25.77.

SGI Enhanced Core ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were given a dividend of $0.09 per share. The ex-dividend date was Thursday, January 29th.

Institutional Trading of SGI Enhanced Core ETF

An institutional investor recently bought a new position in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC bought a new position in SGI Enhanced Core ETF (NASDAQ:USDX) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 56,867 shares of the company’s stock, valued at approximately $1,459,000. Flow Traders U.S. LLC owned about 0.30% of SGI Enhanced Core ETF at the end of the most recent quarter.

SGI Enhanced Core ETF Company Profile

The SGI Enhanced Core ETF (USDX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund enhanced yield by actively managing a portfolio of high-yielding, ultra-short term fixed income instruments, while also employing a put-and-call options strategy. The fund seeks to generate additional income by selling short-term options. USDX was launched on Feb 29, 2024 and is issued by Summit Global Investments.