3EDGE Dynamic International Equity ETF Announces Dividend of $0.35 (NYSEARCA:EDGI)

3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) announced a dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be paid a dividend of 0.35 per share on Wednesday, December 31st. This represents a yield of 246.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

3EDGE Dynamic International Equity ETF Stock Performance

NYSEARCA:EDGI traded down $0.28 during mid-day trading on Tuesday, reaching $28.50. The stock had a trading volume of 5,466 shares, compared to its average volume of 38,513. The stock has a market capitalization of $130.53 million, a P/E ratio of 15.94 and a beta of 1.10. The firm has a 50 day moving average price of $28.13 and a two-hundred day moving average price of $27.23. 3EDGE Dynamic International Equity ETF has a one year low of $21.17 and a one year high of $28.85.

Hedge Funds Weigh In On 3EDGE Dynamic International Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Orion Porfolio Solutions LLC lifted its holdings in 3EDGE Dynamic International Equity ETF by 66.8% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 2,685,935 shares of the company’s stock worth $74,458,000 after buying an additional 1,075,476 shares during the period. Osaic Holdings Inc. boosted its position in 3EDGE Dynamic International Equity ETF by 233,379.1% during the 2nd quarter. Osaic Holdings Inc. now owns 861,538 shares of the company’s stock valued at $22,445,000 after acquiring an additional 861,169 shares in the last quarter. 3EDGE Asset Management LP grew its holdings in shares of 3EDGE Dynamic International Equity ETF by 19.7% during the 3rd quarter. 3EDGE Asset Management LP now owns 184,946 shares of the company’s stock worth $5,127,000 after acquiring an additional 30,491 shares during the period. Envestnet Asset Management Inc. raised its position in shares of 3EDGE Dynamic International Equity ETF by 52.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 104,757 shares of the company’s stock worth $2,904,000 after acquiring an additional 36,034 shares in the last quarter. Finally, Private Advisor Group LLC bought a new stake in shares of 3EDGE Dynamic International Equity ETF during the third quarter valued at approximately $2,757,000.

About 3EDGE Dynamic International Equity ETF

The 3EDGE Dynamic International Equity ETF (EDGI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, investing in equity securities from international markets, primarily targeting Europe, Japan, China, India, and emerging markets. The fund adjusts its portfolio based on sector, country, and currency analysis EDGI was launched on Oct 3, 2024 and is issued by 3Edge.