The Active Dividend Stock ETF (TADS)
The Active Dividend Stock ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in US. The stock last traded at $0.39, down 7.45% on the session, giving a market capitalisation of $38,915. Its beta of 0.00 implies it has historically moved less than the broad market.
Under typical market conditions, this fund primarily aims to allocate a minimum of 80% of its net assets, including any funds borrowed for investment, to U.S. stocks and exchange-traded funds (ETFs) that generate income. The adviser defines an income-producing U.S. equity security or ETF as a company, or an ETF holding such companies, that possesses a consistent record of dividend payments, is anticipated to sustain its dividend-paying ability, or has a history of progressively increasing its dividends.