SGI Enhanced Market Leaders ETF (LDRX) to Issue Quarterly Dividend of $0.24 on December 24th

SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) declared a quarterly dividend on Monday, December 22nd, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 23rd will be paid a dividend of 0.2382 per share on Wednesday, December 24th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, December 23rd.

SGI Enhanced Market Leaders ETF Stock Performance

NASDAQ LDRX opened at $33.19 on Wednesday. The stock has a market cap of $199.14 million, a PE ratio of 20.50 and a beta of 1.10. The firm has a 50-day moving average of $32.87 and a 200-day moving average of $31.28. SGI Enhanced Market Leaders ETF has a 52-week low of $26.67 and a 52-week high of $33.56.

Institutional Investors Weigh In On SGI Enhanced Market Leaders ETF

A hedge fund recently bought a new stake in SGI Enhanced Market Leaders ETF stock. Wealthspire Advisors LLC bought a new position in shares of SGI Enhanced Market Leaders ETF (NASDAQ:LDRX) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 21,769 shares of the company’s stock, valued at approximately $640,000. Wealthspire Advisors LLC owned 0.35% of SGI Enhanced Market Leaders ETF at the end of the most recent quarter.

About SGI Enhanced Market Leaders ETF

The SGI Enhanced Market Leaders ETF is an actively managed exchange-traded fund that seeks capital appreciation and current income. The fund primarily invests in large-capitalization companies listed within the Russell 1000® Index or S&P 500® Index, focusing on those considered “market leaders” based on strengthening business metrics and favorable quantitative factors. Additionally, the fund employs an options strategy, writing deep out-of-the-money put and call options with short durations (typically 1–7 days) to generate additional income.