Perennial Investment Advisors LLC Has $1.78 Million Holdings in LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD)

Perennial Investment Advisors LLC cut its holdings in shares of LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) by 6.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 79,301 shares of the company’s stock after selling 5,120 shares during the period. Perennial Investment Advisors LLC owned approximately 2.44% of LeaderShares Dynamic Yield ETF worth $1,781,000 at the end of the most recent reporting period.

Separately, Jane Street Group LLC boosted its stake in LeaderShares Dynamic Yield ETF by 246.6% in the third quarter. Jane Street Group LLC now owns 113,111 shares of the company’s stock valued at $2,594,000 after acquiring an additional 80,472 shares during the last quarter.

LeaderShares Dynamic Yield ETF Stock Down 0.3 %

NYSEARCA:DYLD opened at $22.47 on Friday. The firm’s 50 day moving average is $22.58 and its 200 day moving average is $22.65. LeaderShares Dynamic Yield ETF has a 12 month low of $22.20 and a 12 month high of $23.15.

LeaderShares Dynamic Yield ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Thursday, March 27th were given a dividend of $0.0937 per share. The ex-dividend date of this dividend was Thursday, March 27th.

About LeaderShares Dynamic Yield ETF

The LeaderShares Dynamic Yield ETF (DYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified, global fixed income securities that seeks to capture higher yields through a proprietary risk-reward scheme. DYLD was launched on Jun 28, 2021 and is managed by LeaderShares.