Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) To Go Ex-Dividend on September 9th

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) announced a monthly dividend on Thursday, February 12th. Stockholders of record on Wednesday, September 9th will be paid a dividend of 0.8995 per share on Thursday, September 10th. This represents a c) dividend on an annualized basis and a dividend yield of 20.3%. The ex-dividend date is Wednesday, September 9th.

Roundhill S&P 500 Target 20 Managed Distribution ETF Price Performance

Shares of XPAY stock opened at $53.23 on Monday. The firm has a 50 day moving average of $53.04 and a two-hundred day moving average of $52.48. Roundhill S&P 500 Target 20 Managed Distribution ETF has a 52 week low of $47.35 and a 52 week high of $56.51.

Hedge Funds Weigh In On Roundhill S&P 500 Target 20 Managed Distribution ETF

Institutional investors have recently modified their holdings of the business. Geneos Wealth Management Inc. boosted its stake in Roundhill S&P 500 Target 20 Managed Distribution ETF by 272.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,340 shares of the company’s stock worth $65,000 after purchasing an additional 980 shares during the period. Citadel Advisors LLC acquired a new position in Roundhill S&P 500 Target 20 Managed Distribution ETF in the third quarter valued at $316,000. Jane Street Group LLC increased its stake in Roundhill S&P 500 Target 20 Managed Distribution ETF by 189.3% in the first quarter. Jane Street Group LLC now owns 11,127 shares of the company’s stock valued at $576,000 after purchasing an additional 7,281 shares during the period. Wolverine Trading LLC purchased a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the third quarter valued at about $1,847,000. Finally, Centaurus Financial Inc. purchased a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the first quarter valued at about $2,551,000.

Roundhill S&P 500 Target 20 Managed Distribution ETF Company Profile

The Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund, whose primary objective is to pay a monthly return of capital distribution at an annualized rate of twenty percent, while providing exposure to the S&P 500 Index. The fund uses predominately FLEX call options to pursue this strategy. XPAY was launched on Oct 31, 2024 and is issued by Roundhill.