WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG) Announces Dividend of $0.03

WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG – Get Rating) announced a dividend on Thursday, May 25th, NASDAQ reports. Stockholders of record on Tuesday, May 30th will be given a dividend of 0.0321 per share on Wednesday, May 31st. The ex-dividend date of this dividend is Friday, May 26th.

WBI BullBear Yield 3000 ETF Price Performance

Shares of WBIG traded up $0.21 on Friday, reaching $22.05. 15,272 shares of the stock traded hands, compared to its average volume of 4,423. The firm has a market cap of $54.68 million, a price-to-earnings ratio of 13.50 and a beta of 0.47. WBI BullBear Yield 3000 ETF has a 12 month low of $21.51 and a 12 month high of $27.38. The stock’s 50-day moving average price is $22.05 and its 200-day moving average price is $23.46.

Hedge Funds Weigh In On WBI BullBear Yield 3000 ETF

An institutional investor recently raised its position in WBI BullBear Yield 3000 ETF stock. Bank of New York Mellon Corp raised its stake in WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG – Get Rating) by 137.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,612 shares of the company’s stock after acquiring an additional 22,318 shares during the period. Bank of New York Mellon Corp owned about 1.50% of WBI BullBear Yield 3000 ETF worth $959,000 as of its most recent SEC filing.

WBI BullBear Yield 3000 ETF Company Profile

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The WBI BullBear Yield 3000 ETF (WBIG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of global equities from all capitalizations that focuses on dividend yields. The fund seeks long-term capital appreciation with reduced volatility during market declines.