WBI Power Factor High Dividend ETF (NYSEARCA:WBIY) declared a quarterly dividend on Tuesday, September 18th, Wall Street Journal reports. Shareholders of record on Wednesday, September 19th will be paid a dividend of 0.1552 per share on Thursday, September 20th. This represents a $0.62 annualized dividend and a yield of 2.26%. The ex-dividend date is Tuesday, September 18th.

WBIY traded down $0.12 on Tuesday, hitting $27.44. 16,658 shares of the company were exchanged, compared to its average volume of 24,656. WBI Power Factor High Dividend ETF has a fifty-two week low of $23.70 and a fifty-two week high of $28.05.

An institutional investor recently raised its position in WBI Power Factor High Dividend ETF stock. Bank of New York Mellon Corp grew its holdings in WBI Power Factor High Dividend ETF (NYSEARCA:WBIY) by 82.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,503 shares of the company’s stock after purchasing an additional 10,618 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.07% of WBI Power Factor High Dividend ETF worth $632,000 at the end of the most recent quarter.

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