CP High Yield Trend ETF (HYTR) to Issue Dividend of $0.13 on September 24th

CP High Yield Trend ETF (NYSEARCA:HYTR) announced a dividend on Wednesday, September 18th, NASDAQ reports. Stockholders of record on Thursday, September 19th will be given a dividend of 0.1313 per share on Tuesday, September 24th. The ex-dividend date is Thursday, September 19th. This is an increase from CP High Yield Trend ETF’s previous dividend of $0.06.

CP High Yield Trend ETF Price Performance

Shares of HYTR stock opened at $22.15 on Friday. The stock’s 50 day simple moving average is $21.84 and its 200 day simple moving average is $21.55. CP High Yield Trend ETF has a twelve month low of $20.17 and a twelve month high of $24.26.

About CP High Yield Trend ETF

The CP High Yield Trend ETF (HYTR) is an exchange-traded fund that is based on the CP High Yield Trend index. The fund aims to reduce risk by tracking a rules-based quantitative index of US bonds that will toggling between high yield and treasuries based on momentum. HYTR was launched on Jan 21, 2020 and is managed by Counterpoint.