Overlay Shares Municipal Bond ETF Plans Quarterly Dividend of $0.09 (NYSEARCA:OVM)

Overlay Shares Municipal Bond ETF (NYSEARCA:OVM) declared a quarterly dividend on Tuesday, January 27th. Stockholders of record on Wednesday, January 28th will be paid a dividend of 0.0935 per share on Thursday, January 29th. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Wednesday, January 28th.

Overlay Shares Municipal Bond ETF Trading Down 0.3%

Shares of OVM traded down $0.08 during trading hours on Wednesday, hitting $21.63. The company had a trading volume of 1,616 shares, compared to its average volume of 7,173. Overlay Shares Municipal Bond ETF has a one year low of $19.77 and a one year high of $22.28. The company’s fifty day moving average price is $21.61 and its two-hundred day moving average price is $21.41. The company has a market capitalization of $33.52 million, a PE ratio of 23.80 and a beta of 0.39.

Overlay Shares Municipal Bond ETF Company Profile

The Overlay Shares Municipal Bond ETF (OVM) is an exchange-traded fund that is based on the Bloomberg Municipal Bond index. The fund is actively managed to provide exposure to U.S. municipal bonds combined with a U.S OVM was launched on Sep 30, 2019 and is managed by Overlay Shares.