CP High Yield Trend ETF to Issue Monthly Dividend of $0.09 (NYSEARCA:HYTR)

CP High Yield Trend ETF (NYSEARCA:HYTR) declared a monthly dividend on Thursday, November 13th. Investors of record on Friday, November 14th will be given a dividend of 0.0883 per share on Wednesday, November 19th. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Friday, November 14th.

CP High Yield Trend ETF Stock Performance

HYTR traded down $0.08 during trading on Friday, reaching $21.67. 9,086 shares of the stock were exchanged, compared to its average volume of 53,762. The stock’s 50 day moving average price is $21.87 and its two-hundred day moving average price is $21.69. CP High Yield Trend ETF has a twelve month low of $20.82 and a twelve month high of $22.25. The stock has a market cap of $203.65 million, a P/E ratio of 10.56 and a beta of 0.25.

About CP High Yield Trend ETF

The CP High Yield Trend ETF (HYTR) is an exchange-traded fund that is based on the CP High Yield Trend index. The fund aims to reduce risk by tracking a rules-based quantitative index of US bonds that will toggling between high yield and treasuries based on momentum. HYTR was launched on Jan 21, 2020 and is managed by Counterpoint.