Eventide High Dividend ETF (NYSEARCA:ELCV) to Issue Quarterly Dividend of $0.12

Eventide High Dividend ETF (NYSEARCA:ELCV) announced a quarterly dividend on Monday, September 28th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.1177 per share on Wednesday, September 30th. This represents a $0.47 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a 60.9% decrease from Eventide High Dividend ETF’s previous quarterly dividend of $0.3013.

Eventide High Dividend ETF Trading Down 0.5%

ELCV opened at $30.60 on Tuesday. The company has a market cap of $296.82 million, a P/E ratio of 22.31 and a beta of 0.65. The company’s 50 day moving average is $31.55 and its 200-day moving average is $31.12. Eventide High Dividend ETF has a 1-year low of $25.96 and a 1-year high of $33.19.

Institutional Trading of Eventide High Dividend ETF

An institutional investor recently raised its stake in Eventide High Dividend ETF stock. EverSource Wealth Advisors LLC grew its position in Eventide High Dividend ETF (NYSEARCA:ELCV) by 66.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 60,993 shares of the company’s stock after acquiring an additional 24,443 shares during the period. EverSource Wealth Advisors LLC owned 0.91% of Eventide High Dividend ETF worth $1,769,000 as of its most recent filing with the SEC.

About Eventide High Dividend ETF

The Eventide High Dividend ETF (ELCV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed portfolio of dividend-paying US stocks, selected through fundamental research and values-based principles. The fund seeks income, income growth, and long-term capital appreciation. ELCV was launched on Sep 30, 2024 and is issued by Eventide.