Reverb ETF (BATS:RVRB) to Issue Dividend of $0.28

Reverb ETF (BATS:RVRB) declared a dividend on Friday, December 27th,NASDAQ Dividends reports. Investors of record on Monday, December 30th will be given a dividend of 0.2814 per share on Tuesday, December 31st. The ex-dividend date is Monday, December 30th.

Reverb ETF Stock Down 1.2 %

Shares of Reverb ETF stock traded down $0.37 during mid-day trading on Friday, hitting $31.37. 106 shares of the stock were exchanged. The firm’s 50 day moving average is $31.21 and its 200-day moving average is $29.74. The stock has a market capitalization of $4.70 million, a P/E ratio of 26.83 and a beta of 1.01.

About Reverb ETF

The Reverb ETF (RVRB) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of approximately 500 of the largest companies listed in the US. It weights companies based on market sentiment through a proprietary web-based algorithm. RVRB was launched on Nov 4, 2022 and is managed by Penserra Capital Management.