Purpose US Cash Fund ETF (TSE:PSU.U) Stock Price Up 0% – Time to Buy?

Purpose US Cash Fund ETF (TSE:PSU.U) rose 0% during mid-day trading on Thursday . The company traded as high as C$100.22 and last traded at C$100.21. Approximately 5,723 shares were traded during trading, a decline of 64% from the average daily volume of 16,070 shares. The stock had previously closed at C$100.20.

Purpose US Cash Fund ETF Stock Up 0.0%

The business has a fifty day moving average of C$100.16 and a 200 day moving average of C$100.16.

Purpose US Cash Fund ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 2nd. Investors of record on Tuesday, December 2nd were paid a $0.2897 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Wednesday, November 26th.

About Purpose US Cash Fund ETF

This section outlines the investment objectives of each fund and the type of securities in which the fund may invest to achieve those investment objectives. A funds investment objectives may include capital preservation generating income capital growth or a combination of the three. Some mutual funds focus on diversification across asset classes while others take a focused investment theme investing in a particular country or sector as their objective. The fund invests primarily in high interest deposit accounts and highquality money market securities denominated in US dollars and generally with term to maturity not exceeding one year.