Sound Enhanced Fixed Income ETF (NYSEARCA:FXED) Declares Dividend of $0.04

Sound Enhanced Fixed Income ETF (NYSEARCA:FXED) announced a dividend on Wednesday, February 25th. Shareholders of record on Thursday, February 26th will be paid a dividend of 0.04 per share on Friday, February 27th. This represents a yield of 540.0%. The ex-dividend date is Thursday, February 26th.

Sound Enhanced Fixed Income ETF Stock Performance

Shares of FXED stock traded up $0.09 during mid-day trading on Thursday, hitting $17.83. The company’s stock had a trading volume of 5,929 shares, compared to its average volume of 6,855. Sound Enhanced Fixed Income ETF has a 52 week low of $16.85 and a 52 week high of $19.00. The company has a market cap of $41.54 million, a PE ratio of 11.31 and a beta of 0.57. The company’s fifty day simple moving average is $17.99 and its 200-day simple moving average is $18.24.

Sound Enhanced Fixed Income ETF Company Profile

The Sound Enhanced Fixed Income ETF (FXED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond portfolio that seeks current income and capital appreciation with few limitations in respect to geographic, type, credit, or duration exposure. FXED was launched on Dec 30, 2020 and is managed by Tidal.