ATAC Credit Rotation ETF (JOJO) to Issue Monthly Dividend of $0.08 on December 31st

by · The Markets Daily

ATAC Credit Rotation ETF (NYSEARCA:JOJO – Get Free Report) declared a monthly dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be given a dividend of 0.0763 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 42.8% increase from ATAC Credit Rotation ETF’s previous monthly dividend of $0.05.

ATAC Credit Rotation ETF Price Performance

Shares of NYSEARCA:JOJO opened at $15.55 on Wednesday. The business’s fifty day moving average price is $15.57 and its two-hundred day moving average price is $15.39. ATAC Credit Rotation ETF has a fifty-two week low of $14.27 and a fifty-two week high of $15.87. The stock has a market capitalization of $6.69 million, a price-to-earnings ratio of 16.64 and a beta of 0.53.

Institutional Investors Weigh In On ATAC Credit Rotation ETF

An institutional investor recently bought a new position in ATAC Credit Rotation ETF stock. Root Financial Partners LLC purchased a new stake in shares of ATAC Credit Rotation ETF (NYSEARCA:JOJO – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,300 shares of the company’s stock, valued at approximately $35,000. Root Financial Partners LLC owned about 0.53% of ATAC Credit Rotation ETF as of its most recent SEC filing.

About ATAC Credit Rotation ETF

(Get Free Report)

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.

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