Fairlead Tactical Sector ETF Announces Dividend of $0.07 (NYSEARCA:TACK)

Fairlead Tactical Sector ETF (NYSEARCA:TACK) announced a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 0.0678 per share on Tuesday, April 1st. The ex-dividend date is Thursday, March 27th.

Fairlead Tactical Sector ETF Stock Performance

Shares of TACK stock traded down $0.11 during trading on Thursday, hitting $27.28. The company had a trading volume of 17,010 shares, compared to its average volume of 24,081. The firm has a market capitalization of $215.24 million, a P/E ratio of 21.81 and a beta of 0.56. Fairlead Tactical Sector ETF has a one year low of $24.85 and a one year high of $29.99. The stock’s 50-day moving average price is $27.89 and its 200 day moving average price is $28.00.

Fairlead Tactical Sector ETF Company Profile

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.