SGI Enhanced Core ETF to Issue Quarterly Dividend of $0.08 (NASDAQ:USDX)

SGI Enhanced Core ETF (NASDAQ:USDX) declared a quarterly dividend on Monday, September 30th, Zacks reports. Investors of record on Tuesday, October 1st will be paid a dividend of 0.083 per share on Wednesday, October 2nd. This represents a $0.33 annualized dividend and a yield of 1.28%. The ex-dividend date is Tuesday, October 1st.

SGI Enhanced Core ETF Price Performance

USDX opened at $25.92 on Wednesday. The business has a 50 day simple moving average of $25.77 and a 200-day simple moving average of $25.49. SGI Enhanced Core ETF has a 12 month low of $23.92 and a 12 month high of $26.19.

SGI Enhanced Core ETF Company Profile

The SGI Enhanced Core ETF (USDX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund enhanced yield by actively managing a portfolio of high-yielding, ultra-short term fixed income instruments, while also employing a put-and-call options strategy. The fund seeks to generate additional income by selling short-term options.