Gadsden Dynamic Multi-Asset ETF Plans Dividend of $0.02 (NYSEARCA:GDMA)

Gadsden Dynamic Multi-Asset ETF (NYSEARCA:GDMA) announced a dividend on Friday, December 27th,NASDAQ Dividends reports. Stockholders of record on Monday, December 30th will be given a dividend of 0.0239 per share on Tuesday, December 31st. The ex-dividend date is Monday, December 30th.

Gadsden Dynamic Multi-Asset ETF Price Performance

Shares of GDMA stock traded down $0.22 during mid-day trading on Friday, hitting $31.87. The stock had a trading volume of 20,372 shares, compared to its average volume of 7,387. Gadsden Dynamic Multi-Asset ETF has a 12-month low of $29.43 and a 12-month high of $33.29. The firm’s 50-day moving average is $32.61 and its two-hundred day moving average is $32.05. The firm has a market capitalization of $152.98 million, a P/E ratio of 0.05 and a beta of 0.14.

About Gadsden Dynamic Multi-Asset ETF

The Alpha Architect Gadsden Dynamic Multi-Asset ETF (GDMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed portfolio that may hold any asset class. The fund seeks total return. GDMA was launched on Nov 14, 2018 and is managed by Gadsden.