Goldman Sachs Group Inc. Takes Position in Direxion Daily AMD Bear 1X Shares $AMDD

Goldman Sachs Group Inc. acquired a new stake in shares of Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 25,000 shares of the company’s stock, valued at approximately $664,000. Goldman Sachs Group Inc. owned about 25.00% of Direxion Daily AMD Bear 1X Shares at the end of the most recent quarter.

Direxion Daily AMD Bear 1X Shares Price Performance

Shares of NASDAQ:AMDD opened at $14.51 on Thursday. The stock’s 50-day moving average price is $14.33 and its 200-day moving average price is $20.18. Direxion Daily AMD Bear 1X Shares has a 12-month low of $12.65 and a 12-month high of $34.74.

Direxion Daily AMD Bear 1X Shares Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 23rd will be paid a dividend of $0.1029 per share. This represents a $0.41 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 23rd.

Direxion Daily AMD Bear 1X Shares Profile

The Direxion Daily AMD Bear 1X Shares (AMDD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of AMD stock. AMDD was launched on Feb 12, 2025 and is issued by Direxion.