Siren DIVCON Dividend Defender ETF Announces Quarterly Dividend of $0.06 (BATS:DFND)

Siren DIVCON Dividend Defender ETF (BATS:DFND) announced a quarterly dividend on Wednesday, December 3rd. Shareholders of record on Friday, December 12th will be paid a dividend of 0.0597 per share on Monday, December 15th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Friday, December 12th.

Siren DIVCON Dividend Defender ETF Trading Up 1.6%

Siren DIVCON Dividend Defender ETF stock opened at $43.70 on Wednesday. Siren DIVCON Dividend Defender ETF has a 12-month low of $35.55 and a 12-month high of $47.07. The stock has a market cap of $8.96 million, a P/E ratio of 24.27 and a beta of 0.55. The company has a fifty day simple moving average of $43.57 and a 200-day simple moving average of $43.28.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Y.D. More Investments Ltd grew its holdings in shares of Siren DIVCON Dividend Defender ETF by 125.0% during the second quarter. Y.D. More Investments Ltd now owns 90,000 shares of the company’s stock worth $3,897,000 after purchasing an additional 50,000 shares during the last quarter. Citadel Advisors LLC acquired a new position in Siren DIVCON Dividend Defender ETF during the third quarter worth approximately $329,000. Finally, Jane Street Group LLC acquired a new stake in shares of Siren DIVCON Dividend Defender ETF in the first quarter valued at approximately $290,000.

Siren DIVCON Dividend Defender ETF Company Profile

The Siren DIVCON Dividend Defender ETF (DFND) is an exchange-traded fund that is based on the Siren DIVCON Dividend Defender index. The fund tracks an index of dividend-paying US large-cap stocks that are likely to increase dividends, while shorting those that are unlikely to do so. At rebalance, the fund is 75% long, 25% short.