SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) to Issue $0.24 Quarterly Dividend

SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) announced a quarterly dividend on Monday, December 22nd, NASDAQ Dividends reports. Investors of record on Tuesday, December 23rd will be paid a dividend of 0.2382 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, December 23rd.

SGI Enhanced Market Leaders ETF Stock Performance

NASDAQ LDRX traded up $0.20 during trading on Tuesday, hitting $33.19. The stock had a trading volume of 107 shares, compared to its average volume of 1,063. The company has a market capitalization of $199.14 million, a PE ratio of 20.50 and a beta of 1.10. SGI Enhanced Market Leaders ETF has a 12 month low of $26.67 and a 12 month high of $33.56. The company’s 50-day moving average price is $32.84 and its two-hundred day moving average price is $31.25.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SGI Enhanced Market Leaders ETF stock. Wealthspire Advisors LLC bought a new position in shares of SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 21,769 shares of the company’s stock, valued at approximately $640,000. Wealthspire Advisors LLC owned approximately 0.35% of SGI Enhanced Market Leaders ETF at the end of the most recent quarter.

About SGI Enhanced Market Leaders ETF

The SGI Enhanced Market Leaders ETF is an actively managed exchange-traded fund that seeks capital appreciation and current income. The fund primarily invests in large-capitalization companies listed within the Russell 1000® Index or S&P 500® Index, focusing on those considered “market leaders” based on strengthening business metrics and favorable quantitative factors. Additionally, the fund employs an options strategy, writing deep out-of-the-money put and call options with short durations (typically 1–7 days) to generate additional income.