Thrivent Small-Mid Cap Equity ETF (NYSEARCA:TSME) Plans $0.07 Annual Dividend

Thrivent Small-Mid Cap Equity ETF (NYSEARCA:TSME) announced an annual dividend on Monday, December 22nd. Shareholders of record on Tuesday, December 23rd will be paid a dividend of 0.0695 per share on Wednesday, December 31st. This represents a yield of 16.0%. The ex-dividend date is Tuesday, December 23rd.

Thrivent Small-Mid Cap Equity ETF Stock Performance

NYSEARCA TSME opened at $42.47 on Tuesday. The firm has a 50 day simple moving average of $41.24 and a 200-day simple moving average of $40.23. Thrivent Small-Mid Cap Equity ETF has a one year low of $28.07 and a one year high of $43.57. The firm has a market cap of $675.27 million, a price-to-earnings ratio of 19.48 and a beta of 1.34.

Hedge Funds Weigh In On Thrivent Small-Mid Cap Equity ETF

Several institutional investors have recently modified their holdings of the business. Sunbelt Securities Inc. increased its position in shares of Thrivent Small-Mid Cap Equity ETF by 49.6% during the third quarter. Sunbelt Securities Inc. now owns 15,918 shares of the company’s stock worth $660,000 after acquiring an additional 5,280 shares during the period. Susquehanna International Group LLP acquired a new position in Thrivent Small-Mid Cap Equity ETF during the 3rd quarter worth $517,000. Citadel Advisors LLC acquired a new position in Thrivent Small-Mid Cap Equity ETF during the 3rd quarter worth $386,000. Aspire Capital Advisors LLC purchased a new stake in Thrivent Small-Mid Cap Equity ETF during the 3rd quarter worth about $4,517,000. Finally, Envestnet Asset Management Inc. increased its holdings in Thrivent Small-Mid Cap Equity ETF by 108.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,398,789 shares of the company’s stock worth $182,506,000 after purchasing an additional 2,283,858 shares during the period.

About Thrivent Small-Mid Cap Equity ETF

The Thrivent Small-Mid Cap ESG ETF (TSME) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed, non-transparent ETF that invests in stocks of global mid- and small-cap companies screened for long-term sustainable business models and ESG commitment. The fund utilizes the Natixis\u002FNYSE non-transparent model. TSME was launched on Oct 5, 2022 and is managed by Thrivent.