SoFi Enhanced Yield ETF Plans Dividend of $0.18 (NYSEARCA:THTA)

SoFi Enhanced Yield ETF (NYSEARCA:THTA) announced a dividend on Friday, January 24th, NASDAQ Dividends reports. Shareholders of record on Monday, March 17th will be paid a dividend of 0.1845 per share on Tuesday, March 18th. The ex-dividend date is Monday, March 17th.

SoFi Enhanced Yield ETF Price Performance

Shares of THTA traded up $0.70 on Friday, reaching $19.07. 75,667 shares of the stock traded hands, compared to its average volume of 48,843. The stock’s 50-day moving average price is $19.03 and its 200-day moving average price is $18.98. The firm has a market cap of $49.58 million and a price-to-earnings ratio of 26.43. SoFi Enhanced Yield ETF has a 12 month low of $16.72 and a 12 month high of $20.49.

SoFi Enhanced Yield ETF Company Profile

The SoFi Enhanced Yield ETF (THTA) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund that invests in US government securities combined with a credit spread option strategy. The funds goal is to generate monthly income, and pursue risk-adjusted returns, independent of trends in the equity and bond markets THTA was launched on Nov 15, 2023 and is issued by SoFi.