Strive 500 ETF (NYSEARCA:STRV) Plans Dividend Increase – $0.12 Per Share

Strive 500 ETF (NYSEARCA:STRV) declared a quarterly dividend on Wednesday, December 10th. Investors of record on Thursday, December 11th will be paid a dividend of 0.1246 per share on Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, December 11th. This is a 6.5% increase from Strive 500 ETF’s previous quarterly dividend of $0.12.

Strive 500 ETF Price Performance

NYSEARCA STRV opened at $44.23 on Thursday. Strive 500 ETF has a 12 month low of $30.88 and a 12 month high of $44.65. The firm has a market capitalization of $1.03 billion, a PE ratio of 25.66 and a beta of 1.01. The company’s 50 day simple moving average is $43.63 and its 200 day simple moving average is $41.74.

Institutional Trading of Strive 500 ETF

Hedge funds have recently bought and sold shares of the company. S.A. Mason LLC lifted its stake in Strive 500 ETF by 4.2% in the 2nd quarter. S.A. Mason LLC now owns 62,326 shares of the company’s stock worth $2,497,000 after acquiring an additional 2,492 shares in the last quarter. Confluence Wealth Services Inc. purchased a new stake in shares of Strive 500 ETF in the second quarter worth approximately $226,000. Pin Oak Investment Advisors Inc. boosted its holdings in shares of Strive 500 ETF by 13.8% during the second quarter. Pin Oak Investment Advisors Inc. now owns 22,581 shares of the company’s stock worth $905,000 after purchasing an additional 2,747 shares during the period. Parallel Advisors LLC grew its holdings in shares of Strive 500 ETF by 21.6% during the 2nd quarter. Parallel Advisors LLC now owns 11,305 shares of the company’s stock valued at $453,000 after acquiring an additional 2,005 shares in the last quarter. Finally, Strive Asset Management LLC increased its position in Strive 500 ETF by 1,578.5% in the 1st quarter. Strive Asset Management LLC now owns 221,475 shares of the company’s stock worth $7,986,000 after purchasing an additional 208,280 shares during the last quarter.

Strive 500 ETF Company Profile

The Strive 500 ETF (STRV) is an exchange-traded fund that is based on the Solactive GBS United States 500 index. The fund tracks a market cap-weighted index of the 500 largest companies across all sectors in the US equity market. STRV was launched on Sep 15, 2022 and is managed by Strive.