Tactical Advantage ETF Announces Dividend of $1.89 (NYSEARCA:FDAT)

Tactical Advantage ETF (NYSEARCA:FDAT) declared a dividend on Tuesday, December 17th,NASDAQ Dividends reports. Shareholders of record on Wednesday, December 18th will be given a dividend of 1.89 per share on Thursday, December 19th. The ex-dividend date of this dividend is Wednesday, December 18th.

Tactical Advantage ETF Stock Performance

Shares of FDAT traded down $2.19 on Wednesday, reaching $21.10. 5,121 shares of the company’s stock traded hands, compared to its average volume of 2,296. The stock’s 50 day simple moving average is $23.24 and its two-hundred day simple moving average is $22.47. Tactical Advantage ETF has a 52-week low of $20.26 and a 52-week high of $23.76.

About Tactical Advantage ETF

The Tactical Advantage ETF (FDAT) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds, aiming for capital appreciation by investing in equity and high-yield bond ETFs. The fund attempts to reduce return volatility and downside risk by shifting the portfolio’s ETF exposure into cash through a proprietary multi-factor strategy.