Direxion Daily BRKB Bull 2X Shares Announces Quarterly Dividend of $0.11 (NASDAQ:BRKU)

Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 24th will be paid a dividend of 0.1119 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, March 24th.

Direxion Daily BRKB Bull 2X Shares Trading Down 1.2%

Shares of Direxion Daily BRKB Bull 2X Shares stock traded down $0.26 during trading hours on Tuesday, reaching $21.79. 73,923 shares of the company’s stock were exchanged, compared to its average volume of 259,777. Direxion Daily BRKB Bull 2X Shares has a 52-week low of $21.58 and a 52-week high of $32.47. The company has a fifty day moving average of $23.43 and a 200-day moving average of $24.42.

Hedge Funds Weigh In On Direxion Daily BRKB Bull 2X Shares

Several large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its stake in Direxion Daily BRKB Bull 2X Shares by 350.5% in the 1st quarter. Jane Street Group LLC now owns 59,175 shares of the company’s stock worth $1,882,000 after buying an additional 46,040 shares during the last quarter. Optiver Holding B.V. acquired a new position in shares of Direxion Daily BRKB Bull 2X Shares during the 3rd quarter valued at about $139,000. Finally, Safe Harbor Fiduciary LLC purchased a new position in shares of Direxion Daily BRKB Bull 2X Shares during the 4th quarter worth about $25,000.

About Direxion Daily BRKB Bull 2X Shares

The Direxion Daily BRKB Bull 2X Shares (BRKU) is an exchange-traded fund that mostly invests in industrials equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Berkshire Hathaway Stock. BRKU was launched on Dec 11, 2024 and is issued by Direxion.