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

ATAC Credit Rotation ETF (NYSEARCA:JOJO) declared a monthly dividend on Monday, February 2nd. Shareholders of record on Tuesday, February 3rd will be given a dividend of 0.08 per share on Wednesday, February 4th. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date is Tuesday, February 3rd. This is a 4.9% increase from ATAC Credit Rotation ETF’s previous monthly dividend of $0.08.

ATAC Credit Rotation ETF Price Performance

Shares of ATAC Credit Rotation ETF stock traded down $0.14 during trading on Tuesday, reaching $15.56. 16,282 shares of the company traded hands, compared to its average volume of 5,518. The firm has a market capitalization of $5.91 million, a PE ratio of 16.64 and a beta of 0.53. The company has a 50 day moving average price of $15.61 and a 200-day moving average price of $15.50. ATAC Credit Rotation ETF has a 1-year low of $14.27 and a 1-year high of $15.87.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ATAC Credit Rotation ETF stock. Root Financial Partners LLC acquired a new stake in shares of ATAC Credit Rotation ETF (NYSEARCA:JOJO) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,300 shares of the company’s stock, valued at approximately $35,000. Root Financial Partners LLC owned approximately 0.53% of ATAC Credit Rotation ETF at the end of the most recent quarter.

About ATAC Credit Rotation ETF

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.