SGI Enhanced Global Income ETF (NASDAQ:GINX) Announces Dividend of $0.37

SGI Enhanced Global Income ETF (NASDAQ:GINX) announced a dividend on Monday, December 22nd, NASDAQ Dividends reports. Investors of record on Tuesday, December 23rd will be given a dividend of 0.371 per share on Wednesday, December 24th. The ex-dividend date is Tuesday, December 23rd.

SGI Enhanced Global Income ETF Price Performance

GINX stock traded down $0.27 during midday trading on Tuesday, reaching $31.27. 1,669 shares of the company’s stock traded hands, compared to its average volume of 13,618. SGI Enhanced Global Income ETF has a fifty-two week low of $23.93 and a fifty-two week high of $31.54. The business has a 50-day moving average price of $30.19 and a two-hundred day moving average price of $29.24. The company has a market capitalization of $85.37 million, a P/E ratio of 13.81 and a beta of 0.49.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SGI Enhanced Global Income ETF stock. Betterment LLC lifted its stake in SGI Enhanced Global Income ETF (NASDAQ:GINX) by 9.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,243 shares of the company’s stock after buying an additional 4,863 shares during the period. Betterment LLC owned approximately 1.88% of SGI Enhanced Global Income ETF worth $1,473,000 as of its most recent SEC filing.

About SGI Enhanced Global Income ETF

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.