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

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

TrueShares Active Yield ETF Stock Performance

ERNZ traded down $0.45 during trading on Thursday, reaching $23.68. The company had a trading volume of 6,141 shares, compared to its average volume of 53,463. The firm’s 50-day simple moving average is $24.30 and its 200 day simple moving average is $24.69. The company has a market cap of $154.63 million and a price-to-earnings ratio of 12.66. TrueShares Active Yield ETF has a 12-month low of $23.68 and a 12-month high of $25.78.

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.