Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) To Go Ex-Dividend on September 9th

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) announced a monthly dividend on Thursday, February 12th. Shareholders of record on Wednesday, September 9th will be given a dividend of 0.8995 per share on Thursday, September 10th. This represents a c) annualized dividend and a yield of 20.3%. The ex-dividend date of this dividend is Wednesday, September 9th.

Roundhill S&P 500 Target 20 Managed Distribution ETF Stock Performance

Roundhill S&P 500 Target 20 Managed Distribution ETF stock opened at $53.23 on Monday. Roundhill S&P 500 Target 20 Managed Distribution ETF has a 52 week low of $47.35 and a 52 week high of $56.51. The firm’s 50-day simple moving average is $53.04 and its 200 day simple moving average is $52.48.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. grew its holdings in Roundhill S&P 500 Target 20 Managed Distribution ETF by 272.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,340 shares of the company’s stock valued at $65,000 after buying an additional 980 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the third quarter worth $316,000. Jane Street Group LLC lifted its position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF by 189.3% in the first quarter. Jane Street Group LLC now owns 11,127 shares of the company’s stock valued at $576,000 after acquiring an additional 7,281 shares in the last quarter. Wolverine Trading LLC acquired a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the third quarter valued at $1,847,000. Finally, Centaurus Financial Inc. acquired a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the first quarter valued at $2,551,000.

Roundhill S&P 500 Target 20 Managed Distribution ETF Company Profile

The Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund, whose primary objective is to pay a monthly return of capital distribution at an annualized rate of twenty percent, while providing exposure to the S&P 500 Index. The fund uses predominately FLEX call options to pursue this strategy. XPAY was launched on Oct 31, 2024 and is issued by Roundhill.