Fairlead Tactical Sector ETF (TACK) To Go Ex-Dividend on December 30th

Fairlead Tactical Sector ETF (NYSEARCA:TACK) declared a quarterly dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be paid a dividend of 0.0871 per share on Monday, January 5th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, December 30th.

Fairlead Tactical Sector ETF Trading Down 0.2%

NYSEARCA TACK opened at $30.19 on Wednesday. The firm has a market capitalization of $274.73 million, a PE ratio of 17.28 and a beta of 0.55. The business’s 50-day moving average price is $29.94 and its two-hundred day moving average price is $29.32. Fairlead Tactical Sector ETF has a 12 month low of $24.45 and a 12 month high of $30.52.

Institutional Trading of Fairlead Tactical Sector ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Foundation Advisors acquired a new position in shares of Fairlead Tactical Sector ETF in the 3rd quarter worth approximately $275,000. FMA Wealth Management LLC raised its stake in Fairlead Tactical Sector ETF by 2.1% during the third quarter. FMA Wealth Management LLC now owns 52,136 shares of the company’s stock worth $1,565,000 after buying an additional 1,092 shares during the last quarter. Ameriprise Financial Inc. bought a new position in Fairlead Tactical Sector ETF during the third quarter worth $6,600,000. Comerica Bank acquired a new position in Fairlead Tactical Sector ETF in the third quarter valued at $239,000. Finally, Evernest Financial Advisors LLC bought a new stake in Fairlead Tactical Sector ETF during the third quarter valued at $8,804,000.

About Fairlead Tactical Sector ETF

The Fairlead Tactical Sector Fund (TACK) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund relies on a proprietary, technical model to actively manage a US large-cap sector rotation strategy. During periods deemed risk-off, the fund toggles the exposure to short- or long-term US Treasurys or gold TACK was launched on Mar 23, 2022 and is managed by Fairlead.