Purpose US Cash Fund ETF (TSE:PSU.U) Shares Up 0% – Time to Buy?

Purpose US Cash Fund ETF (TSE:PSU.U)’s stock price was up 0% during trading on Thursday . The company traded as high as C$100.23 and last traded at C$100.22. Approximately 12,593 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 17,065 shares. The stock had previously closed at C$100.21.

Purpose US Cash Fund ETF Trading Up 0.0%

The business’s fifty day moving average price is C$100.17 and its 200-day moving average price is C$100.17.

Purpose US Cash Fund ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Tuesday, December 2nd were given a dividend of $0.2897 per share. The ex-dividend date was Wednesday, November 26th. This represents a c) annualized dividend and a dividend yield of 3.5%.

About Purpose US Cash Fund ETF

This section outlines the investment objectives of each fund and the type of securities in which the fund may invest to achieve those investment objectives. A funds investment objectives may include capital preservation generating income capital growth or a combination of the three. Some mutual funds focus on diversification across asset classes while others take a focused investment theme investing in a particular country or sector as their objective. The fund invests primarily in high interest deposit accounts and highquality money market securities denominated in US dollars and generally with term to maturity not exceeding one year.