Ocean Park High Income ETF (NASDAQ:DUKH) Increases Dividend to $0.10 Per Share

Ocean Park High Income ETF (NASDAQ:DUKH) declared a monthly dividend on Wednesday, November 4th. Shareholders of record on Thursday, November 5th will be given a dividend of $0.0995 per share on Tuesday, November 10th. This represents a $1.19 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend is Thursday, November 5th. This is a 210.9% increase from Ocean Park High Income ETF’s previous monthly dividend of $0.0320.

Ocean Park High Income ETF Stock Performance

DUKH opened at $23.34 on Thursday. The company’s 50-day simple moving average is $23.38 and its two-hundred day simple moving average is $23.90. The stock has a market capitalization of $22.17 million, a P/E ratio of 15.68 and a beta of 0.24. Ocean Park High Income ETF has a 52-week low of $23.05 and a 52-week high of $24.74.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Ocean Park High Income ETF stock. VestGen Advisors LLC boosted its stake in shares of Ocean Park High Income ETF (NASDAQ:DUKH) by 5.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 370,984 shares of the company’s stock after purchasing an additional 18,627 shares during the period. VestGen Advisors LLC owned about 38.64% of Ocean Park High Income ETF worth $8,603,000 at the end of the most recent reporting period.

About Ocean Park High Income ETF

The Ocean Park High Income ETF (DUKH) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund-of-funds that tactically allocates assets across high-yield fixed income ETFs that are unconstrained by maturity or geography. The fund seeks to provide total return while mitigating downside risk. DUKH was launched on Jul 10, 2024 and is issued by Ocean Park.