TrueShares Active Yield ETF (NASDAQ:ERNZ) to Issue Dividend of $0.20

TrueShares Active Yield ETF (NASDAQ:ERNZ) declared a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be given a dividend of 0.20 per share on Friday, March 28th. The ex-dividend date of this dividend is Thursday, March 27th. This is a 54.4% increase from TrueShares Active Yield ETF’s previous dividend of $0.13.

TrueShares Active Yield ETF Price Performance

Shares of ERNZ traded down $0.39 during trading hours on Thursday, hitting $23.14. The stock had a trading volume of 951 shares, compared to its average volume of 49,752. The firm has a 50 day simple moving average of $24.05 and a 200-day simple moving average of $24.51. TrueShares Active Yield ETF has a 1-year low of $22.95 and a 1-year high of $25.78. The firm has a market capitalization of $151.10 million and a P/E ratio of 10.21.

About TrueShares Active Yield ETF

The TrueShares Active Yield ETF (ERNZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to outperform the broader market by investing in a portfolio of 50-150 income-generating securities derived from quantitative and qualitative analysis. ERNZ was launched on Apr 30, 2024 and is issued by Truemark Group.