Dakota Active Equity ETF (NASDAQ:DAK) Stock Jumps 0.2% – Here’s What Happened

Shares of Dakota Active Equity ETF (NASDAQ:DAK) rose 0.2% during mid-day trading on Monday. The company traded as high as $29.32 and last traded at $29.4360. 10 shares were traded during trading, a decline of 97% from the average session volume of 376 shares. The stock had previously closed at $29.39.

Dakota Active Equity ETF Price Performance

The company has a 50 day moving average price of $29.90 and a 200 day moving average price of $28.51.

Dakota Active Equity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were paid a $0.0583 dividend. This represents a $0.23 dividend on an annualized basis and a yield of 0.8%. This is a drop from Dakota Active Equity ETF’s previous quarterly dividend of $0.0590. The ex-dividend date of this dividend was Monday, September 28th.

Daktronics, Inc is an electronics company that designs, manufactures and sells visual display systems and related products, with a focus on LED video displays, digital billboards, electronic scoreboards and control systems. Its product portfolio includes large-format stadium and arena video screens, ribbon displays, outdoor advertising signs, transportation message signs, and indoor digital signage solutions. The company also provides the associated electronics, software and content-management tools needed to operate and program displays for sports, commercial and transportation customers.

The company serves a diversified customer base that includes professional and collegiate sports venues, municipalities and transit agencies, retailers, advertising companies and corporations that use digital signage for branding or information delivery.