SGI Enhanced Core ETF (NASDAQ:USDX) to Issue $0.06 Monthly Dividend

SGI Enhanced Core ETF (NASDAQ:USDX) announced a monthly dividend on Wednesday, August 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, August 27th will be paid a dividend of 0.06 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Thursday, August 27th.

SGI Enhanced Core ETF Price Performance

Shares of NASDAQ USDX traded down $0.06 during trading on Thursday, reaching $25.48. The stock had a trading volume of 10,193 shares, compared to its average volume of 70,555. SGI Enhanced Core ETF has a one year low of $25.08 and a one year high of $26.25. The firm’s 50 day moving average price is $25.54 and its two-hundred day moving average price is $25.63.

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.