Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Plans Monthly Dividend of $0.90

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) announced a monthly dividend on Thursday, February 12th. Investors of record on Wednesday, September 9th will be paid a dividend of 0.8995 per share on Thursday, September 10th. This represents a c) annualized dividend and a yield of 20.3%. The ex-dividend date of this dividend is Wednesday, September 9th.

Roundhill S&P 500 Target 20 Managed Distribution ETF Price Performance

Roundhill S&P 500 Target 20 Managed Distribution ETF stock opened at $53.23 on Monday. Roundhill S&P 500 Target 20 Managed Distribution ETF has a twelve month low of $47.35 and a twelve month high of $56.51. The stock’s fifty day simple moving average is $53.04 and its 200-day simple moving average is $52.48.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. boosted its holdings in Roundhill S&P 500 Target 20 Managed Distribution ETF by 272.2% in the first quarter. Geneos Wealth Management Inc. now owns 1,340 shares of the company’s stock valued at $65,000 after purchasing an additional 980 shares in the last quarter. Citadel Advisors LLC acquired a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF during the 3rd quarter worth approximately $316,000. Jane Street Group LLC lifted its holdings in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF by 189.3% in the 1st quarter. Jane Street Group LLC now owns 11,127 shares of the company’s stock valued at $576,000 after buying an additional 7,281 shares during the period. Wolverine Trading LLC acquired a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF in the 3rd quarter valued at about $1,847,000. Finally, Centaurus Financial Inc. purchased a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the first quarter valued at $2,551,000.

Roundhill S&P 500 Target 20 Managed Distribution ETF Company Profile

The Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund, whose primary objective is to pay a monthly return of capital distribution at an annualized rate of twenty percent, while providing exposure to the S&P 500 Index. The fund uses predominately FLEX call options to pursue this strategy. XPAY was launched on Oct 31, 2024 and is issued by Roundhill.