Freedom Day Dividend ETF (NYSEARCA:MBOX) Stock Price Down 0.4% – Here’s Why

Freedom Day Dividend ETF (NYSEARCA:MBOX) shares were down 0.4% during trading on Thursday . The stock traded as low as $33.36 and last traded at $33.36. Approximately 5,053 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 6,746 shares. The stock had previously closed at $33.48.

Freedom Day Dividend ETF Stock Performance

The stock has a 50-day moving average of $33.91 and a 200 day moving average of $33.87. The firm has a market capitalization of $121.47 million, a P/E ratio of 16.62 and a beta of 0.86.

Freedom Day Dividend ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 28th will be paid a $0.1612 dividend. The ex-dividend date of this dividend is Friday, March 28th. This is a positive change from Freedom Day Dividend ETF’s previous dividend of $0.13.

Hedge Funds Weigh In On Freedom Day Dividend ETF

A hedge fund recently raised its stake in Freedom Day Dividend ETF stock. Ethos Financial Group LLC boosted its position in Freedom Day Dividend ETF (NYSEARCA:MBOX) by 11.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 59,981 shares of the company’s stock after acquiring an additional 6,317 shares during the period. Ethos Financial Group LLC owned 1.92% of Freedom Day Dividend ETF worth $1,968,000 at the end of the most recent quarter.

Freedom Day Dividend ETF Company Profile

The Freedom Day Dividend ETF (MBOX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks dividend growth by selecting US-listed companies the advisor believes to have the greatest potential to provide rising dividends over time. MBOX was launched on May 5, 2021 and is managed by Alpha Architect.