Bahl & Gaynor Income Growth ETF (BGIG) to Distribute Monthly Dividend of $0.05 on October 1st

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) declared a monthly dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be given a dividend of $0.0530 per share on Thursday, October 1st. This represents a $0.64 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a 1.9% increase from Bahl & Gaynor Income Growth ETF’s previous monthly dividend of $0.0520.

Bahl & Gaynor Income Growth ETF Stock Down 0.3%

Shares of NYSEARCA BGIG opened at $35.44 on Wednesday. The firm has a market capitalization of $2.16 billion, a P/E ratio of 22.85 and a beta of 0.53. The stock’s 50-day simple moving average is $36.56 and its two-hundred day simple moving average is $35.41. Bahl & Gaynor Income Growth ETF has a twelve month low of $31.52 and a twelve month high of $37.73.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. AdvisorNet Financial Inc purchased a new stake in Bahl & Gaynor Income Growth ETF in the first quarter valued at approximately $80,000. Anchor Investment Management LLC purchased a new position in Bahl & Gaynor Income Growth ETF in the 1st quarter worth approximately $126,000. Arkadios Wealth Advisors bought a new position in shares of Bahl & Gaynor Income Growth ETF in the 1st quarter worth $787,000. Finally, Janney Montgomery Scott LLC bought a new position in shares of Bahl & Gaynor Income Growth ETF in the 1st quarter worth $933,000.

Bahl & Gaynor Income Growth ETF Company Profile

The Bahl & Gaynor Income Growth ETF (BGIG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large cap companies with a reliable dividend stream. The fund uses a bottom-up approach to select companies that are perceived to have strong fundamentals BGIG was launched on Sep 15, 2023 and is issued by Bahl & Gaynor.