Sound Enhanced Fixed Income ETF to Issue Dividend of $0.04 (NYSEARCA:FXED)

Sound Enhanced Fixed Income ETF (NYSEARCA:FXED) announced a dividend on Wednesday, January 28th. Investors of record on Thursday, January 29th will be given a dividend of 0.04 per share on Friday, January 30th. This represents a yield of 534.0%. The ex-dividend date is Thursday, January 29th.

Sound Enhanced Fixed Income ETF Price Performance

NYSEARCA:FXED traded down $0.11 on Thursday, reaching $18.03. The stock had a trading volume of 2,443 shares, compared to its average volume of 7,150. The firm’s fifty day moving average is $18.10 and its two-hundred day moving average is $18.30. Sound Enhanced Fixed Income ETF has a 12-month low of $16.85 and a 12-month high of $19.00. The company has a market cap of $42.01 million, a price-to-earnings ratio of 11.31 and a beta of 0.57.

Sound Enhanced Fixed Income ETF Company Profile

The Sound Enhanced Fixed Income ETF (FXED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond portfolio that seeks current income and capital appreciation with few limitations in respect to geographic, type, credit, or duration exposure. FXED was launched on Dec 30, 2020 and is managed by Tidal.