Gadsden Dynamic Multi-Asset ETF (NYSEARCA:GDMA) Announces Dividend of $0.02

Gadsden Dynamic Multi-Asset ETF (NYSEARCA:GDMA) declared a dividend on Friday, December 27th,NASDAQ Dividends reports. Shareholders of record on Monday, December 30th will be given a dividend of 0.0239 per share on Tuesday, December 31st. The ex-dividend date is Monday, December 30th.

Gadsden Dynamic Multi-Asset ETF Price Performance

Shares of Gadsden Dynamic Multi-Asset ETF stock traded down $0.22 during trading hours on Friday, hitting $31.87. 20,372 shares of the company’s stock traded hands, compared to its average volume of 7,387. The stock has a market capitalization of $152.98 million, a price-to-earnings ratio of 0.05 and a beta of 0.14. Gadsden Dynamic Multi-Asset ETF has a 12-month low of $29.43 and a 12-month high of $33.29. The company has a fifty day simple moving average of $32.61 and a 200-day simple moving average of $32.05.

About Gadsden Dynamic Multi-Asset ETF

The Alpha Architect Gadsden Dynamic Multi-Asset ETF (GDMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed portfolio that may hold any asset class. The fund seeks total return. GDMA was launched on Nov 14, 2018 and is managed by Gadsden.