Overlay Shares Municipal Bond ETF (NYSEARCA:OVM) Raises Dividend to $0.27 Per Share

Overlay Shares Municipal Bond ETF (NYSEARCA:OVM) announced a dividend on Wednesday, October 2nd, NASDAQ reports. Stockholders of record on Thursday, October 3rd will be paid a dividend of 0.2699 per share on Friday, October 4th. The ex-dividend date of this dividend is Thursday, October 3rd. This is a boost from Overlay Shares Municipal Bond ETF’s previous dividend of $0.25.

Overlay Shares Municipal Bond ETF Price Performance

Shares of Overlay Shares Municipal Bond ETF stock traded down $0.30 during midday trading on Thursday, reaching $22.41. The company had a trading volume of 13,660 shares, compared to its average volume of 7,166. The stock has a fifty day moving average price of $22.38 and a 200 day moving average price of $22.18. Overlay Shares Municipal Bond ETF has a fifty-two week low of $19.60 and a fifty-two week high of $24.00.

Overlay Shares Municipal Bond ETF Company Profile

The Overlay Shares Municipal Bond ETF (OVM) is an exchange-traded fund that is based on the Bloomberg Municipal Bond index. The fund is actively managed to provide exposure to U.S. municipal bonds combined with a U.S OVM was launched on Sep 30, 2019 and is managed by Overlay Shares.