Purpose US Cash Fund ETF (TSE:PSU.U) Trading at C$100.22

Purpose US Cash Fund ETF (TSE:PSU.U) was up 0% on Monday. The stock traded as high as C$100.22 and last traded at C$100.22. Approximately 17,892 shares changed hands during trading, a decline of 9% from the average session volume of 19,738 shares. The stock had previously closed at C$100.21.

Purpose US Cash Fund ETF Stock Performance

The company has a fifty day moving average of C$100.15 and a two-hundred day moving average of C$100.15.

Purpose US Cash Fund ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, October 2nd were given a dividend of $0.3104 per share. This represents a $3.72 dividend on an annualized basis and a yield of 3.7%. This is a positive change from Purpose US Cash Fund ETF’s previous monthly dividend of $0.2811. The ex-dividend date was Monday, September 28th.

About Purpose US Cash Fund ETF

This section outlines the investment objectives of each fund and the type of securities in which the fund may invest to achieve those investment objectives. A funds investment objectives may include capital preservation generating income capital growth or a combination of the three. Some mutual funds focus on diversification across asset classes while others take a focused investment theme investing in a particular country or sector as their objective. The fund invests primarily in high interest deposit accounts and highquality money market securities denominated in US dollars and generally with term to maturity not exceeding one year.