Strive Total Return Bond ETF Announces Monthly Dividend of $0.05 (NYSEARCA:STXT)

Strive Total Return Bond ETF (NYSEARCA:STXT) declared a monthly dividend on Wednesday, January 28th. Stockholders of record on Thursday, January 29th will be paid a dividend of 0.0472 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, January 29th.

Strive Total Return Bond ETF Trading Up 0.1%

Shares of NYSEARCA STXT traded up $0.02 during mid-day trading on Thursday, hitting $20.14. 617 shares of the stock traded hands, compared to its average volume of 15,812. Strive Total Return Bond ETF has a twelve month low of $19.61 and a twelve month high of $21.38. The firm has a 50 day simple moving average of $20.16 and a two-hundred day simple moving average of $20.23.

Institutional Trading of Strive Total Return Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Ameriflex Group Inc. boosted its position in Strive Total Return Bond ETF by 207.5% during the 2nd quarter. Ameriflex Group Inc. now owns 5,914 shares of the company’s stock worth $120,000 after buying an additional 3,991 shares during the period. Ethos Financial Group LLC acquired a new position in Strive Total Return Bond ETF in the 3rd quarter valued at approximately $2,603,000. Flow Traders U.S. LLC bought a new position in shares of Strive Total Return Bond ETF during the third quarter valued at $431,000. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Strive Total Return Bond ETF by 255.6% during the third quarter. Jones Financial Companies Lllp now owns 3,200 shares of the company’s stock worth $65,000 after purchasing an additional 2,300 shares during the period.

About Strive Total Return Bond ETF

The Strive Total Return Bond ETF (STXT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF investing in a wide range of debt securities from issuers around the world, of any credit quality and maturity. The funds objective is to maximize total return. STXT was launched on Aug 10, 2023 and is issued by Alpha Architect.