TrueShares Active Yield ETF (NASDAQ:ERNZ) Increases Dividend to $0.20 Per Share

TrueShares Active Yield ETF (NASDAQ:ERNZ) declared a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 0.20 per share on Friday, March 28th. The ex-dividend date of this dividend is Thursday, March 27th. This is a 54.4% increase from TrueShares Active Yield ETF’s previous dividend of $0.13.

TrueShares Active Yield ETF Stock Down 1.7 %

TrueShares Active Yield ETF stock traded down $0.39 during mid-day trading on Thursday, reaching $23.14. 951 shares of the company’s stock were exchanged, compared to its average volume of 49,752. The firm has a market capitalization of $151.10 million and a PE ratio of 10.21. TrueShares Active Yield ETF has a one year low of $22.95 and a one year high of $25.78. The business’s fifty day simple moving average is $24.05 and its 200 day simple moving average is $24.51.

About TrueShares Active Yield ETF

The TrueShares Active Yield ETF (ERNZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to outperform the broader market by investing in a portfolio of 50-150 income-generating securities derived from quantitative and qualitative analysis. ERNZ was launched on Apr 30, 2024 and is issued by Truemark Group.