VanEck HIP Sustainable Muni ETF (BATS:SMI) to Issue Dividend of $0.10

VanEck HIP Sustainable Muni ETF (BATS:SMI) announced a dividend on Friday, June 28th, NASDAQ reports. Stockholders of record on Monday, July 1st will be given a dividend of 0.0965 per share on Friday, July 5th. The ex-dividend date of this dividend is Monday, July 1st.

VanEck HIP Sustainable Muni ETF Stock Performance

Shares of SMI stock opened at $46.04 on Friday. The business’s 50-day moving average is $45.91 and its two-hundred day moving average is $46.11.

About VanEck HIP Sustainable Muni ETF

The VanEck HIP Sustainable Muni ETF (SMI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that provides exposure to AMT-free, investment-grade US municipal bonds of any maturity that support sustainable development. SMI was launched on Sep 8, 2021 and is managed by VanEck.