Purpose US Cash Fund ETF (TSE:PSU.U) Sets New 12-Month Low – Should You Sell?

Shares of Purpose US Cash Fund ETF (TSE:PSU.UGet Free Report) reached a new 52-week low on Wednesday . The company traded as low as C$100.00 and last traded at C$100.00, with a volume of 16597 shares trading hands. The stock had previously closed at C$100.27.

Purpose US Cash Fund ETF Stock Down 0.3%

The company’s fifty day moving average price is C$100.17 and its 200-day moving average price is C$100.18.

Purpose US Cash Fund ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Tuesday, December 2nd were given a dividend of $0.2897 per share. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Wednesday, November 26th.

Purpose US Cash Fund ETF Company Profile

(Get Free Report)

This section outlines the investment objectives of each fund and the type of securities in which the fund may invest to achieve those investment objectives. A funds investment objectives may include capital preservation generating income capital growth or a combination of the three. Some mutual funds focus on diversification across asset classes while others take a focused investment theme investing in a particular country or sector as their objective. The fund invests primarily in high interest deposit accounts and highquality money market securities denominated in US dollars and generally with term to maturity not exceeding one year.

Featured Articles

Receive News & Ratings for Purpose US Cash Fund ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Purpose US Cash Fund ETF and related companies with MarketBeat.com's FREE daily email newsletter.