Sound Enhanced Fixed Income ETF $FXED Shares Sold by Sound Income Strategies LLC

Sound Income Strategies LLC decreased its position in shares of Sound Enhanced Fixed Income ETF (NYSEARCA:FXED) by 1.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,773,016 shares of the company’s stock after selling 33,018 shares during the quarter. Sound Enhanced Fixed Income ETF comprises 1.5% of Sound Income Strategies LLC’s holdings, making the stock its 11th biggest position. Sound Income Strategies LLC owned approximately 0.76% of Sound Enhanced Fixed Income ETF worth $32,100,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Farther Finance Advisors LLC increased its position in Sound Enhanced Fixed Income ETF by 168.6% during the third quarter. Farther Finance Advisors LLC now owns 12,106 shares of the company’s stock worth $223,000 after buying an additional 7,599 shares during the period.

Sound Enhanced Fixed Income ETF Stock Up 0.5%

FXED opened at $17.42 on Tuesday. The firm has a market cap of $39.72 million, a price-to-earnings ratio of 11.31 and a beta of 0.57. Sound Enhanced Fixed Income ETF has a 52 week low of $16.85 and a 52 week high of $19.00. The business’s 50 day moving average is $17.66 and its two-hundred day moving average is $18.01.

Sound Enhanced Fixed Income ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were given a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, February 26th. This represents a yield of 537.0%.

Sound Enhanced Fixed Income ETF Company Profile

The Sound Enhanced Fixed Income ETF (FXED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond portfolio that seeks current income and capital appreciation with few limitations in respect to geographic, type, credit, or duration exposure. FXED was launched on Dec 30, 2020 and is managed by Tidal.