Simplify National Muni Bond ETF Declares Quarterly Dividend of $0.15 (NYSEARCA:NMB)

Simplify National Muni Bond ETF (NYSEARCA:NMB) announced a quarterly dividend on Thursday, November 20th. Shareholders of record on Friday, November 21st will be paid a dividend of 0.15 per share on Friday, November 28th. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, November 21st.

Simplify National Muni Bond ETF Trading Down 0.9%

Shares of Simplify National Muni Bond ETF stock traded down $0.24 during trading hours on Friday, reaching $25.21. 2,626 shares of the company’s stock were exchanged, compared to its average volume of 4,502. The company has a 50 day moving average of $25.55 and a two-hundred day moving average of $24.93. Simplify National Muni Bond ETF has a fifty-two week low of $21.84 and a fifty-two week high of $26.14.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Simplify National Muni Bond ETF stock. Goldman Sachs Group Inc. lifted its stake in shares of Simplify National Muni Bond ETF (NYSEARCA:NMB) by 0.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 200,742 shares of the company’s stock after purchasing an additional 742 shares during the period. Goldman Sachs Group Inc. owned 6.08% of Simplify National Muni Bond ETF worth $4,539,000 at the end of the most recent quarter.

About Simplify National Muni Bond ETF

The Simplify National Muni Bond ETF (NMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that predominantly invests in investment grade, tax-exempt US municipal bonds while utilizing a multi-asset option spread writing strategy. The fund seeks to provide income, and secondarily, capital appreciation.