Tactical Advantage ETF (NYSEARCA:FDAT) to Issue $1.89 Dividend

Tactical Advantage ETF (NYSEARCA:FDAT) announced a dividend on Tuesday, December 17th,NASDAQ Dividends reports. Investors of record on Wednesday, December 18th will be paid 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 Down 9.4 %

Tactical Advantage ETF stock traded down $2.19 during trading hours on Wednesday, hitting $21.10. 5,121 shares of the company traded hands, compared to its average volume of 2,296. Tactical Advantage ETF has a 1-year low of $20.26 and a 1-year high of $23.76. The firm’s 50-day simple moving average is $23.20 and its two-hundred day simple moving average is $22.46.

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.