KraneShares Bloomberg China Bond Inclusion Index ETF to Issue Dividend of $0.06 (NYSEARCA:KBND)

KraneShares Bloomberg China Bond Inclusion Index ETF (NYSEARCA:KBNDGet Rating) declared a dividend on Thursday, May 25th, NASDAQ reports. Stockholders of record on Tuesday, May 30th will be given a dividend of 0.063 per share on Wednesday, May 31st. The ex-dividend date of this dividend is Friday, May 26th.

KraneShares Bloomberg China Bond Inclusion Index ETF Stock Up 0.2 %

Shares of KBND traded up $0.05 during trading hours on Friday, hitting $31.27. The company had a trading volume of 316 shares, compared to its average volume of 2,814. The stock’s 50 day moving average price is $31.63 and its 200 day moving average price is $31.48. KraneShares Bloomberg China Bond Inclusion Index ETF has a 52-week low of $27.77 and a 52-week high of $33.11.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. UBS Group AG increased its stake in shares of KraneShares Bloomberg China Bond Inclusion Index ETF by 204.3% in the fourth quarter. UBS Group AG now owns 1,680 shares of the company’s stock worth $52,000 after buying an additional 1,128 shares during the period. Susquehanna International Group LLP increased its stake in shares of KraneShares Bloomberg China Bond Inclusion Index ETF by 12.7% in the fourth quarter. Susquehanna International Group LLP now owns 16,919 shares of the company’s stock worth $524,000 after buying an additional 1,902 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of KraneShares Bloomberg China Bond Inclusion Index ETF in the second quarter worth $1,831,000.

KraneShares Bloomberg China Bond Inclusion Index ETF Company Profile

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The Krane Shares China Credit Index ETF (KBND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund passively invests in Chinese RMB-denominated fixed income securities, and fixed allocations to various sectors. KBND was launched on Dec 2, 2014 and is managed by KraneShares.

Further Reading

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