ActivePassive Intermediate Municipal Bond ETF (APMU) To Go Ex-Dividend on September 1st

ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU) declared a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be paid a dividend of 0.0257 per share on Wednesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Tuesday, September 1st.

ActivePassive Intermediate Municipal Bond ETF Price Performance

Shares of APMU stock remained flat at $24.63 during trading hours on Wednesday. The stock had a trading volume of 39,055 shares, compared to its average volume of 28,016. The stock has a 50-day simple moving average of $24.81 and a two-hundred day simple moving average of $24.96. ActivePassive Intermediate Municipal Bond ETF has a 1-year low of $24.57 and a 1-year high of $25.99.

ActivePassive Intermediate Municipal Bond ETF Company Profile

The ActivePassive Intermediate Municipal Bond ETF (APMU) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that blends active and passive investment strategies to provide current income exempt from federal taxes consistent with low volatility of principal. The ETF uses a portfolio of mostly investment grade municipal bonds, with a dollar-weighted average maturity of more than three but less than ten years. APMU was launched on May 3, 2023 and is managed by Envestnet.