I noticed the same for JEPI. FWIW, I bought some on Monday
for the dividend and sold it yesterday morning (I still get the
dividend) in case the market crapped on the Powell comments. Others
may think they had to hold until today to get the dividend, so this
may be more ex-dividend selling, Plus the DOW is down and JEPI is
more like the Dow than the QQQQ.
Posted by DigiNomad on 2nd of Feb 2023 at 10:15 am
sethbru - interesting. Thanks! So crazy that the system allows
people to buy on ex-div date and sell before the payable date...to
avoid the hit to share price from the dividend. Where's Liz Warren
when you need her?
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I noticed the same for
JEPI - acting weird the last couple of days . ...
Posted by sethbru on 2nd of Feb 2023 at 10:07 am
I noticed the same for JEPI. FWIW, I bought some on Monday for the dividend and sold it yesterday morning (I still get the dividend) in case the market crapped on the Powell comments. Others may think they had to hold until today to get the dividend, so this may be more ex-dividend selling, Plus the DOW is down and JEPI is more like the Dow than the QQQQ.
sethbru - interesting. Thanks! So
Posted by DigiNomad on 2nd of Feb 2023 at 10:15 am
sethbru - interesting. Thanks! So crazy that the system allows people to buy on ex-div date and sell before the payable date...to avoid the hit to share price from the dividend. Where's Liz Warren when you need her?