Envestnet Portfolio Solutions Inc. Sells 58,198 Shares of LeaderShares Dynamic Yield ETF $DYLD

Envestnet Portfolio Solutions Inc. cut its stake in shares of LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) by 58.2% in the 2nd quarter, Holdings Channel.com reports. The fund owned 41,881 shares of the company’s stock after selling 58,198 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in LeaderShares Dynamic Yield ETF were worth $948,000 as of its most recent SEC filing.

Separately, Jane Street Group LLC bought a new position in shares of LeaderShares Dynamic Yield ETF during the first quarter valued at $2,468,000.

LeaderShares Dynamic Yield ETF Stock Performance

Shares of NYSEARCA:DYLD opened at $22.81 on Monday. LeaderShares Dynamic Yield ETF has a 1-year low of $21.86 and a 1-year high of $22.92. The business has a fifty day moving average price of $22.73 and a 200-day moving average price of $22.58.

LeaderShares Dynamic Yield ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a $0.0821 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Thursday, September 25th. This is a positive change from LeaderShares Dynamic Yield ETF’s previous monthly dividend of $0.08.

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.