Concurrent Investment Advisors LLC Purchases Shares of 44,198 Democracy International Fund ETF $DMCY

Concurrent Investment Advisors LLC acquired a new stake in Democracy International Fund ETF (NYSEARCA:DMCY) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 44,198 shares of the company’s stock, valued at approximately $1,325,000. Concurrent Investment Advisors LLC owned 0.15% of Democracy International Fund ETF at the end of the most recent quarter.

Separately, Jane Street Group LLC bought a new stake in Democracy International Fund ETF in the 2nd quarter valued at $456,000.

Democracy International Fund ETF Price Performance

NYSEARCA DMCY opened at $32.25 on Friday. The company’s fifty day moving average is $31.05 and its two-hundred day moving average is $30.00. Democracy International Fund ETF has a 52-week low of $23.08 and a 52-week high of $32.30. The firm has a market capitalization of $11.29 million, a price-to-earnings ratio of 17.25 and a beta of 0.79.

Democracy International Fund ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were given a dividend of $0.5041 per share. This represents a $2.02 dividend on an annualized basis and a yield of 6.3%. This is a boost from Democracy International Fund ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Tuesday, December 30th.

Democracy International Fund ETF Profile

The Democracy International Fund (DMCY) is an exchange-traded fund that is based on the Democracy Investments International index. The fund tracks an index of global, large- and mid-cap companies outside the US. The index aims to overweight investments in democratic countries while underweighting those in authoritarian countries. DMCY was launched on Mar 31, 2021 and is managed by Democracy.