Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Announces Dividend Increase – $0.01 Per Share

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) declared a quarterly dividend on Wednesday, March 12th, NASDAQ Dividends reports. Investors of record on Thursday, March 13th will be paid a dividend of 0.0138 per share on Friday, March 14th. This represents a $0.06 dividend on an annualized basis and a yield of 0.14%. The ex-dividend date of this dividend is Thursday, March 13th. This is a 113.9% increase from Burney U.S. Factor Rotation ETF’s previous quarterly dividend of $0.0064345.

Burney U.S. Factor Rotation ETF Trading Down 1.6 %

NASDAQ BRNY traded down $0.63 on Thursday, hitting $39.12. 17,295 shares of the company’s stock were exchanged, compared to its average volume of 14,522. The stock has a 50-day moving average of $42.55 and a 200-day moving average of $41.42. The stock has a market cap of $330.57 million, a price-to-earnings ratio of 21.23 and a beta of 1.16. Burney U.S. Factor Rotation ETF has a 52 week low of $34.47 and a 52 week high of $44.72.

Burney U.S. Factor Rotation ETF Company Profile

The Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation ETF (BRNY) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that shifts US equity exposure between size and style perceived to be advantageous for the given market phase. Individual securities are selected based on a proprietary quantitative model, using a multi-factor approach.