KraneShares Value Line Dynamic Dividend Equity Index ETF (NYSEARCA:KVLE – Get Free Report) announced a quarterly dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be given a dividend of $0.1641 per share on Wednesday, September 30th. This represents a $0.66 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a 1.3% decrease from KraneShares Value Line Dynamic Dividend Equity Index ETF’s previous quarterly dividend of $0.1663.
KraneShares Value Line Dynamic Dividend Equity Index ETF Stock Performance
Shares of KVLE opened at $28.00 on Tuesday. KraneShares Value Line Dynamic Dividend Equity Index ETF has a fifty-two week low of $24.34 and a fifty-two week high of $29.59. The firm’s 50-day simple moving average is $28.82 and its two-hundred day simple moving average is $27.65. The stock has a market cap of $40.60 million, a PE ratio of 16.25 and a beta of 0.82.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in KraneShares Value Line Dynamic Dividend Equity Index ETF stock. TD Waterhouse Canada Inc. purchased a new position in KraneShares Value Line Dynamic Dividend Equity Index ETF (NYSEARCA:KVLE – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,403 shares of the company’s stock, valued at approximately $136,000. TD Waterhouse Canada Inc. owned approximately 0.30% of KraneShares Value Line Dynamic Dividend Equity Index ETF at the end of the most recent reporting period.
About KraneShares Value Line Dynamic Dividend Equity Index ETF
The KFA Value Line Dynamic Core Equity Index ETF (KVLE) is an exchange-traded fund that is based on the 3D\u002FL Value Line Dynamic Core Equity index. The fund tracks a multi-factor-weighted index of US large-cap stocks with high dividend yields and rated highly on a safety and timeliness ranking system. KVLE was launched on Nov 24, 2020 and is managed by KraneShares.
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