Sound Enhanced Fixed Income ETF (FXED) to Issue Dividend of $0.04 on February 13th

Sound Enhanced Fixed Income ETF (NYSEARCA:FXED) declared a dividend on Wednesday, February 11th. Shareholders of record on Thursday, February 12th will be given a dividend of 0.04 per share on Friday, February 13th. This represents a yield of 535.0%. The ex-dividend date of this dividend is Thursday, February 12th.

Sound Enhanced Fixed Income ETF Stock Down 0.2%

Sound Enhanced Fixed Income ETF stock opened at $17.93 on Friday. The firm has a 50 day moving average price of $18.06 and a 200-day moving average price of $18.27. Sound Enhanced Fixed Income ETF has a twelve month low of $16.85 and a twelve month high of $19.00. The company has a market capitalization of $41.78 million, a P/E ratio of 11.31 and a beta of 0.57.

Institutional Investors Weigh In On Sound Enhanced Fixed Income ETF

A hedge fund recently raised its stake in Sound Enhanced Fixed Income ETF stock. Farther Finance Advisors LLC raised its holdings in shares of Sound Enhanced Fixed Income ETF (NYSEARCA:FXED) by 168.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,106 shares of the company’s stock after purchasing an additional 7,599 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.49% of Sound Enhanced Fixed Income ETF worth $223,000 as of its most recent filing with the Securities & Exchange Commission.

About Sound Enhanced Fixed Income ETF

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.