Macquarie Tax-Free USA Short Term ETF (NYSEARCA:STAX) Increases Dividend to $0.07 Per Share

Macquarie Tax-Free USA Short Term ETF (NYSEARCA:STAXGet Free Report) announced a monthly dividend on Tuesday, December 23rd. Stockholders of record on Wednesday, December 24th will be paid a dividend of 0.0696 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Wednesday, December 24th. This is a 1.9% increase from Macquarie Tax-Free USA Short Term ETF’s previous monthly dividend of $0.07.

Macquarie Tax-Free USA Short Term ETF Price Performance

Shares of STAX stock traded down $0.01 on Wednesday, hitting $25.49. The stock had a trading volume of 201 shares, compared to its average volume of 589. The company’s 50 day moving average price is $25.49 and its 200-day moving average price is $25.49. Macquarie Tax-Free USA Short Term ETF has a 1 year low of $25.01 and a 1 year high of $25.71.

Institutional Trading of Macquarie Tax-Free USA Short Term ETF

An institutional investor recently raised its position in Macquarie Tax-Free USA Short Term ETF stock. Jane Street Group LLC lifted its stake in shares of Macquarie Tax-Free USA Short Term ETF (NYSEARCA:STAXFree Report) by 385.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,224 shares of the company’s stock after buying an additional 39,878 shares during the quarter. Jane Street Group LLC owned about 25.11% of Macquarie Tax-Free USA Short Term ETF worth $1,269,000 at the end of the most recent reporting period.

About Macquarie Tax-Free USA Short Term ETF

(Get Free Report)

The Macquarie Tax-Free USA Short Term ETF (STAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade and high yield Muni bonds issued in the US with effective maturity of between 1 and 5 years. STAX was launched on Nov 28, 2023 and is issued by Macquarie.

Featured Articles

Dividend History for Macquarie Tax-Free USA Short Term ETF (NYSEARCA:STAX)

Receive News & Ratings for Macquarie Tax-Free USA Short Term ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Macquarie Tax-Free USA Short Term ETF and related companies with MarketBeat.com's FREE daily email newsletter.