Siren DIVCON Leaders Dividend ETF (LEAD) to Issue Quarterly Dividend of $0.12 on December 22nd

Siren DIVCON Leaders Dividend ETF (BATS:LEAD) announced a quarterly dividend on Thursday, December 18th. Investors of record on Friday, December 19th will be paid a dividend of 0.1208 per share on Monday, December 22nd. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, December 19th. This is a 102.3% increase from Siren DIVCON Leaders Dividend ETF’s previous quarterly dividend of $0.06.

Siren DIVCON Leaders Dividend ETF Stock Performance

BATS:LEAD opened at $76.56 on Friday. The firm has a market cap of $65.08 million, a P/E ratio of 26.63 and a beta of 1.00. Siren DIVCON Leaders Dividend ETF has a fifty-two week low of $57.98 and a fifty-two week high of $73.76. The firm has a 50-day simple moving average of $76.45 and a two-hundred day simple moving average of $74.48.

Hedge Funds Weigh In On Siren DIVCON Leaders Dividend ETF

A number of hedge funds have recently added to or reduced their stakes in LEAD. Jacobi Capital Management LLC lifted its position in Siren DIVCON Leaders Dividend ETF by 0.7% in the 3rd quarter. Jacobi Capital Management LLC now owns 59,050 shares of the company’s stock valued at $4,495,000 after acquiring an additional 425 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Siren DIVCON Leaders Dividend ETF by 5.4% in the second quarter. Janney Montgomery Scott LLC now owns 28,190 shares of the company’s stock worth $2,025,000 after purchasing an additional 1,440 shares during the last quarter. Susquehanna International Group LLP lifted its holdings in shares of Siren DIVCON Leaders Dividend ETF by 3.9% during the third quarter. Susquehanna International Group LLP now owns 21,645 shares of the company’s stock valued at $1,648,000 after purchasing an additional 817 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Siren DIVCON Leaders Dividend ETF by 37.2% during the second quarter. Tower Research Capital LLC TRC now owns 20,370 shares of the company’s stock valued at $1,464,000 after purchasing an additional 5,523 shares in the last quarter. Finally, Diversified Enterprises LLC boosted its position in shares of Siren DIVCON Leaders Dividend ETF by 16.3% during the third quarter. Diversified Enterprises LLC now owns 10,840 shares of the company’s stock valued at $825,000 after buying an additional 1,516 shares during the last quarter.

About Siren DIVCON Leaders Dividend ETF

The Siren DIVCON Leaders Dividend ETF (LEAD) is an exchange-traded fund that is based on the Siren DIVCON Leaders Dividend index. The fund tracks an index of dividend-paying US large-cap stocks that are deemed likely to increase their dividends in the next twelve months. LEAD was launched on Jan 6, 2016 and is managed by Siren.