ATAC Credit Rotation ETF (NYSEARCA:JOJO) to Issue Monthly Dividend of $0.08

ATAC Credit Rotation ETF (NYSEARCA:JOJO) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Wednesday, September 2nd will be given a dividend of 0.0812 per share on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Wednesday, September 2nd.

ATAC Credit Rotation ETF Stock Down 0.6%

JOJO traded down $0.09 during midday trading on Wednesday, hitting $14.94. The company had a trading volume of 1,975 shares, compared to its average volume of 5,605. The stock’s 50 day moving average price is $15.20 and its 200 day moving average price is $15.52. ATAC Credit Rotation ETF has a 52 week low of $14.94 and a 52 week high of $16.24. The company has a market capitalization of $5.23 million, a price-to-earnings ratio of 16.64 and a beta of 0.49.

ATAC Credit Rotation ETF Company Profile

The ATAC Credit Rotation ETF (JOJO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that toggles between corporate high-yield bonds and US Treasurys, depending on the utilities sectors performance relative to the US large-cap market. JOJO was launched on Jul 15, 2021 and is managed by ATAC.