SGI Enhanced Core ETF Announces Dividend of $0.09 (NASDAQ:USDX)

SGI Enhanced Core ETF (NASDAQ:USDX) declared a dividend on Wednesday, January 28th, NASDAQ Dividends reports. Investors of record on Thursday, January 29th will be given a dividend of 0.09 per share on Friday, January 30th. The ex-dividend date of this dividend is Thursday, January 29th.

SGI Enhanced Core ETF Trading Down 0.9%

Shares of NASDAQ:USDX traded down $0.22 during trading on Thursday, hitting $25.42. 36,276 shares of the company were exchanged, compared to its average volume of 111,688. SGI Enhanced Core ETF has a 52-week low of $25.22 and a 52-week high of $26.06. The stock has a 50 day moving average of $25.77 and a 200 day moving average of $25.79.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SGI Enhanced Core ETF stock. Flow Traders U.S. LLC purchased a new position in SGI Enhanced Core ETF (NASDAQ:USDX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 56,867 shares of the company’s stock, valued at approximately $1,459,000. Flow Traders U.S. LLC owned approximately 0.30% of SGI Enhanced Core ETF at the end of the most recent quarter.

About SGI Enhanced Core ETF

The SGI Enhanced Core ETF (USDX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund enhanced yield by actively managing a portfolio of high-yielding, ultra-short term fixed income instruments, while also employing a put-and-call options strategy. The fund seeks to generate additional income by selling short-term options. USDX was launched on Feb 29, 2024 and is issued by Summit Global Investments.