TrueShares Active Yield ETF (NASDAQ:ERNZ) Announces Monthly Dividend of $0.18

TrueShares Active Yield ETF (NASDAQ:ERNZ) announced a monthly dividend on Wednesday, February 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, February 27th will be given a dividend of 0.1775 per share on Friday, February 28th. This represents a $2.13 annualized dividend and a yield of 8.99%. The ex-dividend date of this dividend is Thursday, February 27th.

TrueShares Active Yield ETF Price Performance

NASDAQ ERNZ traded down $0.45 during trading on Thursday, hitting $23.68. 6,141 shares of the company’s stock traded hands, compared to its average volume of 53,463. The stock has a fifty day moving average of $24.30 and a two-hundred day moving average of $24.69. TrueShares Active Yield ETF has a 12-month low of $23.68 and a 12-month high of $25.78. The firm has a market cap of $154.63 million and a P/E ratio of 12.66.

TrueShares Active Yield ETF Company Profile

The TrueShares Active Yield ETF (ERNZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to outperform the broader market by investing in a portfolio of 50-150 income-generating securities derived from quantitative and qualitative analysis. ERNZ was launched on Apr 30, 2024 and is issued by Truemark Group.