Nomura Tax-Free USA Short Term ETF Declares Monthly Dividend of $0.07 (NYSEARCA:STAX)

Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) declared a monthly dividend on Thursday, January 29th. Shareholders of record on Friday, January 30th will be given a dividend of 0.0672 per share on Thursday, February 5th. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date is Friday, January 30th.

Nomura Tax-Free USA Short Term ETF Trading Down 0.1%

Nomura Tax-Free USA Short Term ETF stock traded down $0.03 during midday trading on Friday, reaching $25.60. 21 shares of the company were exchanged, compared to its average volume of 143. Nomura Tax-Free USA Short Term ETF has a 1 year low of $25.01 and a 1 year high of $25.71. The firm’s 50-day simple moving average is $25.51 and its 200-day simple moving average is $25.53.

Institutional Investors Weigh In On Nomura Tax-Free USA Short Term ETF

An institutional investor recently raised its position in Nomura Tax-Free USA Short Term ETF stock. Jane Street Group LLC boosted its holdings in Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) by 385.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 50,224 shares of the company’s stock after buying an additional 39,878 shares during the period. Jane Street Group LLC owned 25.11% of Nomura Tax-Free USA Short Term ETF worth $1,269,000 at the end of the most recent reporting period.

About Nomura Tax-Free USA Short Term ETF

The Macquarie Tax-Free USA Short Term ETF (STAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade and high yield Muni bonds issued in the US with effective maturity of between 1 and 5 years. STAX was launched on Nov 28, 2023 and is issued by Macquarie.