Rareview Dynamic Fixed Income ETF (BATS:RDFI – Get Free Report) announced a monthly dividend on Monday, November 2nd. Investors of record on Tuesday, November 3rd will be paid a dividend of $0.1649 per share on Wednesday, November 4th. This represents a $1.98 dividend on an annualized basis and a yield of 9.1%. The ex-dividend date is Tuesday, November 3rd. This is a 3.0% increase from Rareview Dynamic Fixed Income ETF’s previous monthly dividend of $0.1601.
Rareview Dynamic Fixed Income ETF Price Performance
Rareview Dynamic Fixed Income ETF stock opened at $21.84 on Tuesday. The stock’s fifty day moving average price is $22.11 and its two-hundred day moving average price is $23.27. Rareview Dynamic Fixed Income ETF has a one year low of $21.18 and a one year high of $25.61. The firm has a market cap of $46.08 million, a PE ratio of 22.64 and a beta of 0.50.
Institutional Inflows and Outflows
A hedge fund recently raised its position in Rareview Dynamic Fixed Income ETF stock. Noble Wealth Management PBC raised its position in Rareview Dynamic Fixed Income ETF (BATS:RDFI – Free Report) by 272.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,353 shares of the company’s stock after buying an additional 25,125 shares during the quarter. Noble Wealth Management PBC owned about 1.63% of Rareview Dynamic Fixed Income ETF worth $745,000 at the end of the most recent quarter.
About Rareview Dynamic Fixed Income ETF
The Rareview Dynamic Fixed Income ETF (RDFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a fund-of-funds that actively selects a broad array of global fixed income closed-end funds. RDFI was launched on Oct 21, 2020 and is managed by Rareview Funds.
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