Sound Enhanced Fixed Income ETF (NYSEARCA:SDEF) Stock Price Up 0.7% – Here’s Why

Sound Enhanced Fixed Income ETF (NYSEARCA:SDEFGet Free Report) shares shot up 0.7% during trading on Monday . The company traded as high as $17.42 and last traded at $17.42. 7,500 shares traded hands during mid-day trading, an increase of 22% from the average session volume of 6,127 shares. The stock had previously closed at $17.30.

Sound Enhanced Fixed Income ETF Trading Up 0.7 %

The company has a market capitalization of $33.97 million, a PE ratio of 15.17 and a beta of 0.32. The company has a 50 day moving average price of $17.42.

About Sound Enhanced Fixed Income ETF

(Get Free Report)

The Sound Enhanced Fixed Income ETF (SDEF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond portfolio that seeks current income and capital appreciation with few limitations in respect to geographic, type, credit, or duration exposure. SDEF was launched on Dec 30, 2020 and is managed by Sound Income Strategies.

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