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

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) declared a monthly dividend on Wednesday, February 25th. Shareholders of record on Thursday, February 26th will be given a dividend of 0.18 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Thursday, February 26th.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Price Performance

RISR stock traded down $0.32 during mid-day trading on Thursday, hitting $35.31. 6,333 shares of the company were exchanged, compared to its average volume of 35,915. The firm has a fifty day simple moving average of $35.95 and a 200 day simple moving average of $36.12. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a twelve month low of $35.32 and a twelve month 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.