FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Shares Will Pay Monthly Dividend of $0.18
by Scott Moore · The Cerbat GemFolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR – Get Free Report) declared a monthly dividend on Monday, September 28th. Stockholders of record on Tuesday, September 29th will be paid a dividend of $0.18 per share on Wednesday, September 30th. This represents a $2.16 annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Tuesday, September 29th.
FolioBeyond Alternative Income and Interest Rate Hedge ETF Trading Up 0.2%
Shares of NYSEARCA RISR opened at $36.94 on Tuesday. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a 12 month low of $35.25 and a 12 month high of $37.10. The stock has a 50 day moving average of $36.68 and a 200-day moving average of $36.44.
Hedge Funds Weigh In On FolioBeyond Alternative Income and Interest Rate Hedge ETF
Institutional investors and hedge funds have recently modified their holdings of the stock. Reliant Wealth Planning raised its position in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 3.3% in the first quarter. Reliant Wealth Planning now owns 456,074 shares of the company’s stock valued at $16,519,000 after purchasing an additional 14,657 shares during the period. Harbor Investment Advisory LLC boosted its holdings in shares of FolioBeyond Alternative Income and Interest Rate Hedge ETF by 7.8% during the 2nd quarter. Harbor Investment Advisory LLC now owns 162,869 shares of the company’s stock worth $5,896,000 after buying an additional 11,800 shares during the period. Private Wealth Asset Management LLC grew its stake in FolioBeyond Alternative Income and Interest Rate Hedge ETF by 46.7% in the 4th quarter. Private Wealth Asset Management LLC now owns 97,927 shares of the company’s stock valued at $3,536,000 after buying an additional 31,178 shares during the last quarter. Claris Financial LLC acquired a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 1st quarter valued at about $426,000. Finally, Janney Montgomery Scott LLC bought a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF in the 1st quarter valued at about $322,000.
About FolioBeyond Alternative Income and Interest Rate Hedge ETF
The FolioBeyond Rising Rates ETF (RISR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide income and protect against rising interest rates through exposure to interest-only MBS and US Treasury bonds. The fund is actively managed. RISR was launched on Sep 30, 2021 and is managed by Beyond.
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