Strive Total Return Bond ETF (NYSEARCA:STXT) Declares Monthly Dividend of $0.07

Strive Total Return Bond ETF (NYSEARCA:STXT) declared a monthly dividend on Wednesday, February 25th. Investors of record on Thursday, February 26th will be given a dividend of 0.0749 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Thursday, February 26th. This is a 58.8% increase from Strive Total Return Bond ETF’s previous monthly dividend of $0.05.

Strive Total Return Bond ETF Stock Performance

STXT traded down $0.05 during trading on Thursday, hitting $20.29. 113 shares of the company’s stock traded hands, compared to its average volume of 13,721. The company’s 50 day simple moving average is $20.17 and its two-hundred day simple moving average is $20.24. Strive Total Return Bond ETF has a 12-month low of $19.61 and a 12-month high of $21.38.

Institutional Investors Weigh In On Strive Total Return Bond ETF

Several institutional investors have recently modified their holdings of STXT. Flow Traders U.S. LLC purchased a new position in Strive Total Return Bond ETF in the 3rd quarter worth about $431,000. Jones Financial Companies Lllp boosted its holdings in shares of Strive Total Return Bond ETF by 255.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 3,200 shares of the company’s stock valued at $65,000 after acquiring an additional 2,300 shares during the last quarter. Finally, Ethos Financial Group LLC bought a new stake in shares of Strive Total Return Bond ETF in the third quarter worth approximately $2,603,000.

About Strive Total Return Bond ETF

The Strive Total Return Bond ETF (STXT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF investing in a wide range of debt securities from issuers around the world, of any credit quality and maturity. The funds objective is to maximize total return. STXT was launched on Aug 10, 2023 and is issued by Alpha Architect.