FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Announces Monthly Dividend of $0.18

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) declared a monthly dividend on Wednesday, January 28th. Stockholders of record on Thursday, January 29th will be paid a dividend of 0.18 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Thursday, January 29th. This is a 7.7% increase from FolioBeyond Alternative Income and Interest Rate Hedge ETF’s previous monthly dividend of $0.17.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Trading Down 0.3%

Shares of NYSEARCA RISR traded down $0.13 during mid-day trading on Thursday, reaching $35.80. The company had a trading volume of 1,896 shares, compared to its average volume of 47,430. The firm has a 50 day simple moving average of $36.02 and a two-hundred day simple moving average of $36.26. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a 52-week low of $35.45 and a 52-week high of $39.44.

About FolioBeyond Alternative Income and Interest Rate Hedge ETF

The FolioBeyond Rising Rates ETF (RISR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide income and protect against rising interest rates through exposure to interest-only MBS and US Treasury bonds. The fund is actively managed. RISR was launched on Sep 30, 2021 and is managed by Beyond.