Bank of America Corp DE Purchases New Position in Direxion Daily MU Bull 2X Shares (NASDAQ:MUU)

Bank of America Corp DE bought a new stake in Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $383,000. Bank of America Corp DE owned about 2.27% of Direxion Daily MU Bull 2X Shares as of its most recent filing with the Securities & Exchange Commission.

Separately, Optiver Holding B.V. purchased a new position in Direxion Daily MU Bull 2X Shares during the fourth quarter worth about $34,000.

Direxion Daily MU Bull 2X Shares Stock Performance

Shares of MUU opened at $21.87 on Friday. The firm’s 50-day moving average is $12.93 and its two-hundred day moving average is $16.97. Direxion Daily MU Bull 2X Shares has a twelve month low of $6.77 and a twelve month high of $31.04.

Direxion Daily MU Bull 2X Shares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were given a $0.1243 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $0.50 annualized dividend and a dividend yield of 2.27%.

Direxion Daily MU Bull 2X Shares Profile

The Direxion Daily MU Bull 2X Shares (MUU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Micron Technology, Inc stock. MUU was launched on Oct 10, 2024 and is issued by Direxion.