Rareview Tax Advantaged Income ETF (BATS:RTAI) to Issue $0.09 Monthly Dividend

Rareview Tax Advantaged Income ETF (BATS:RTAI) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Wednesday, September 2nd will be paid a dividend of 0.0863 per share on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Wednesday, September 2nd.

Rareview Tax Advantaged Income ETF Price Performance

RTAI stock traded down $0.19 during midday trading on Wednesday, hitting $20.54. 311 shares of the company’s stock were exchanged, compared to its average volume of 1,271. Rareview Tax Advantaged Income ETF has a 12-month low of $19.92 and a 12-month high of $22.18. The firm has a 50 day moving average price of $21.22 and a 200-day moving average price of $21.24.

About Rareview Tax Advantaged Income ETF

The Rareview Tax Advantaged Income ETF (RTAI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively selects US municipal bond closed-end funds (CEFs), seeking to provide current income. RTAI was launched on Oct 21, 2020 and is managed by Rareview Funds.