IDX Dynamic Fixed Income ETF (DYFI) to Issue Monthly Dividend of $0.06 on February 26th

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) declared a monthly dividend on Tuesday, February 24th. Stockholders of record on Wednesday, February 25th will be given a dividend of 0.0553 per share on Thursday, February 26th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Wednesday, February 25th.

IDX Dynamic Fixed Income ETF Price Performance

Shares of NASDAQ DYFI opened at $23.21 on Thursday. The stock’s 50-day moving average is $23.15 and its 200 day moving average is $23.22. IDX Dynamic Fixed Income ETF has a 1-year low of $22.23 and a 1-year high of $23.47.

Hedge Funds Weigh In On IDX Dynamic Fixed Income ETF

A hedge fund recently bought a new stake in IDX Dynamic Fixed Income ETF stock. Palladiem LLC purchased a new position in IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 256,327 shares of the company’s stock, valued at approximately $5,916,000. IDX Dynamic Fixed Income ETF comprises about 5.6% of Palladiem LLC’s investment portfolio, making the stock its 8th largest position. Palladiem LLC owned approximately 10.25% of IDX Dynamic Fixed Income ETF at the end of the most recent reporting period.

About IDX Dynamic Fixed Income ETF

The IDX Dynamic Fixed Income ETF (DYFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that invests broadly across various sectors of the fixed income markets around the world. Investment could include debt securities of various maturities and credit quality. DYFI was launched on Jan 10, 2024 and is issued by IDX.