TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) Raises Dividend to $0.29 Per Share

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) declared a dividend on Monday, May 4th, NASDAQ Dividends reports. Investors of record on Tuesday, May 5th will be given a dividend of 0.2931 per share on Wednesday, May 6th. The ex-dividend date is Tuesday, May 5th. This is a 4.4% increase from TappAlpha SPY Growth & Daily Income ETF’s previous dividend of $0.28.

TappAlpha SPY Growth & Daily Income ETF Stock Performance

TSPY stock traded down $0.15 during midday trading on Tuesday, hitting $25.08. The company’s stock had a trading volume of 207,354 shares, compared to its average volume of 302,491. TappAlpha SPY Growth & Daily Income ETF has a 12 month low of $22.20 and a 12 month high of $26.67. The firm’s 50-day moving average is $24.26 and its 200-day moving average is $25.01.

Hedge Funds Weigh In On TappAlpha SPY Growth & Daily Income ETF

A hedge fund recently bought a new stake in TappAlpha SPY Growth & Daily Income ETF stock. Triumph Capital Management acquired a new stake in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 64,312 shares of the company’s stock, valued at approximately $1,646,000. Triumph Capital Management owned approximately 1.36% of TappAlpha SPY Growth & Daily Income ETF at the end of the most recent quarter.

About TappAlpha SPY Growth & Daily Income ETF

The TappAlpha SPY Growth & Daily Income ETF (TSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide a balanced approached to growth and income from US large-cap equities. The fund holds long exposure to the S&P 500 Index and writes daily out-of-the-money calls, using 0DTE options. TSPY was launched on Aug 14, 2024 and is issued by TappAlpha.