Rareview Dynamic Fixed Income ETF (RDFI) To Go Ex-Dividend on October 2nd

Rareview Dynamic Fixed Income ETF (BATS:RDFI) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Friday, October 2nd will be given a dividend of $0.1601 per share on Monday, October 5th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date is Friday, October 2nd. This is a 0.4% increase from Rareview Dynamic Fixed Income ETF’s previous monthly dividend of $0.1595.

Rareview Dynamic Fixed Income ETF Stock Performance

Shares of BATS:RDFI opened at $21.52 on Friday. Rareview Dynamic Fixed Income ETF has a 52-week low of $21.44 and a 52-week high of $25.61. The stock has a market capitalization of $45.41 million, a price-to-earnings ratio of 22.64 and a beta of 0.50. The stock’s 50-day simple moving average is $22.88 and its two-hundred day simple moving average is $23.25.

Institutional Investors Weigh In On Rareview Dynamic Fixed Income ETF

An institutional investor recently raised its stake in Rareview Dynamic Fixed Income ETF stock. Noble Wealth Management PBC grew its stake in Rareview Dynamic Fixed Income ETF (BATS:RDFI) by 272.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,353 shares of the company’s stock after buying an additional 25,125 shares during the quarter. Noble Wealth Management PBC owned approximately 1.63% of Rareview Dynamic Fixed Income ETF worth $745,000 as of its most recent SEC filing.

Rareview Dynamic Fixed Income ETF Company Profile

The Rareview Dynamic Fixed Income ETF (RDFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a fund-of-funds that actively selects a broad array of global fixed income closed-end funds. RDFI was launched on Oct 21, 2020 and is managed by Rareview Funds.