HCM Defender 500 Index ETF (NYSEARCA:LGH) Announces Annual Dividend of $0.24

HCM Defender 500 Index ETF (NYSEARCA:LGH) announced an annual dividend on Monday, December 15th. Stockholders of record on Tuesday, December 16th will be given a dividend of 0.2373 per share on Monday, December 22nd. This represents a dividend yield of 38.0%. The ex-dividend date of this dividend is Tuesday, December 16th.

HCM Defender 500 Index ETF Trading Down 0.2%

Shares of LGH stock opened at $61.85 on Tuesday. The company has a market capitalization of $572.11 million, a PE ratio of 26.72 and a beta of 1.04. The firm has a fifty day simple moving average of $61.40 and a 200-day simple moving average of $57.98. HCM Defender 500 Index ETF has a twelve month low of $44.26 and a twelve month high of $63.42.

Institutional Trading of HCM Defender 500 Index ETF

A hedge fund recently raised its stake in HCM Defender 500 Index ETF stock. IFP Advisors Inc lifted its holdings in shares of HCM Defender 500 Index ETF (NYSEARCA:LGH) by 1.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,534 shares of the company’s stock after acquiring an additional 322 shares during the quarter. IFP Advisors Inc owned 0.28% of HCM Defender 500 Index ETF worth $1,542,000 as of its most recent filing with the SEC.

HCM Defender 500 Index ETF Company Profile

The HCM Defender 500 Index ETF (LGH) is an exchange-traded fund that is based on the HCM Defender 500 index. The fund tracks a proprietary index that toggles between US large-cap stocks and Treasurys, or a combination of both, depending on risk in the US equity market. LGH was launched on Oct 10, 2019 and is managed by HCM.