Dakota Active Equity ETF (NASDAQ:DAK) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Dakota Active Equity ETF (NASDAQ:DAK) shares passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $28.51 and traded as high as $28.66. Dakota Active Equity ETF shares last traded at $28.7490, with a volume of 1 shares trading hands.

Dakota Active Equity ETF Stock Performance

The company’s 50 day moving average price is $29.84 and its 200 day moving average price is $28.51.

Dakota Active Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were given a dividend of $0.0583 per share. This represents a $0.23 annualized dividend and a dividend yield of 0.8%. This is a drop from Dakota Active Equity ETF’s previous quarterly dividend of $0.0590. The ex-dividend date was Monday, September 28th.

Daktronics, Inc is an electronics company that designs, manufactures and sells visual display systems and related products, with a focus on LED video displays, digital billboards, electronic scoreboards and control systems. Its product portfolio includes large-format stadium and arena video screens, ribbon displays, outdoor advertising signs, transportation message signs, and indoor digital signage solutions. The company also provides the associated electronics, software and content-management tools needed to operate and program displays for sports, commercial and transportation customers.

The company serves a diversified customer base that includes professional and collegiate sports venues, municipalities and transit agencies, retailers, advertising companies and corporations that use digital signage for branding or information delivery.