26,230 Shares in Fairlead Tactical Sector ETF $TACK Purchased by Williams & Novak LLC

Williams & Novak LLC purchased a new position in Fairlead Tactical Sector ETF (NYSEARCA:TACK) in the second quarter, Holdings Channel reports. The fund purchased 26,230 shares of the company’s stock, valued at approximately $740,000.

A number of other large investors also recently bought and sold shares of the business. Atria Wealth Solutions Inc. raised its holdings in Fairlead Tactical Sector ETF by 4.0% in the 1st quarter. Atria Wealth Solutions Inc. now owns 13,209 shares of the company’s stock worth $359,000 after purchasing an additional 514 shares during the period. Janney Montgomery Scott LLC raised its holdings in Fairlead Tactical Sector ETF by 5.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 13,644 shares of the company’s stock worth $371,000 after purchasing an additional 650 shares during the period. FMA Wealth Management LLC raised its holdings in Fairlead Tactical Sector ETF by 3.5% in the 2nd quarter. FMA Wealth Management LLC now owns 51,044 shares of the company’s stock worth $1,441,000 after purchasing an additional 1,722 shares during the period. Sigma Planning Corp raised its holdings in Fairlead Tactical Sector ETF by 12.7% in the 1st quarter. Sigma Planning Corp now owns 19,718 shares of the company’s stock worth $536,000 after purchasing an additional 2,222 shares during the period. Finally, Reyes Financial Architecture Inc. acquired a new position in Fairlead Tactical Sector ETF in the 1st quarter worth about $72,000.

Fairlead Tactical Sector ETF Trading Down 1.6%

NYSEARCA TACK opened at $29.45 on Friday. The stock has a market capitalization of $270.35 million, a price-to-earnings ratio of 17.28 and a beta of -0.55. Fairlead Tactical Sector ETF has a twelve month low of $24.45 and a twelve month high of $30.19. The stock has a 50-day moving average of $29.27 and a 200 day moving average of $28.15.

Fairlead Tactical Sector ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 3rd. Shareholders of record on Monday, September 29th were issued a dividend of $0.1023 per share. The ex-dividend date of this dividend was Monday, September 29th. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.4%.

About Fairlead Tactical Sector ETF

The Fairlead Tactical Sector Fund (TACK) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund relies on a proprietary, technical model to actively manage a US large-cap sector rotation strategy. During periods deemed risk-off, the fund toggles the exposure to short- or long-term US Treasurys or gold TACK was launched on Mar 23, 2022 and is managed by Fairlead.