Loading…
Loading…
WKLY (SoFi Weekly Dividend ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
During the past week, in the wake of the Exchange conference, launches of new ETFs started to pick up again from their recent lull. A total of seven funds rolled out during the week, while several issuers announced or completed ETF closures.
The week ending in February 15 featured the Exchange conference in Miami, Florida, and launches were muted as a result. Only one new ETF made its debut during the week.
Income investors are swimming in yield, helped by the actions of the Federal Reserve. Short-term bond yields have jumped to more than 5%, the highest level in decades.
Earning dividends is great, but once you build an established portfolio, earning dividends every month is even better. If you want to take things a step further, you could set up a portfolio that would have you earning a dividend every week, which is pretty awesome. Let me introduce to you the Sofi Weekly Dividend ETF, which is the first equity ETF that pays out income distributions on a weekly basis.
WKLY is similar to TGIF with its twist being the weekly dividend payment. While TGIF focuses on fixed income, WKLY is the equity focused ETF.
The fresh-faced SoFi Weekly Dividend ETF (WKLY) ups the ante on dividend frequency by paying its investors every seven days.
On Tuesday, SoFi today announced the launch of the SoFi Weekly Dividend ETF (NYSE: WKLY), the first equity ETF designed to provide a weekly dividend payment to shareholders. WKLY joins a SoFi ETF family that includes the SoFi Weekly Income ETF (NYSE: TGIF), which launched in 2020 and was the first fixed income ETF to offer a [.