Leatherback Long/Short Alternative Yield ETF (LBAY)
| Assets | $95.86M |
| Expense Ratio | 1.43% |
| PE Ratio | 14.91 |
| Shares Out | 3.55M |
| Dividend (ttm) | $0.84 |
| Dividend Yield | 3.11% |
| Ex-Dividend Date | Mar 28, 2023 |
| Payout Ratio | 46.40% |
| 1-Year Return | -2.24% |
| Volume | 67,534 |
| Open | 27.09 |
| Previous Close | 27.00 |
| Day's Range | 26.95 - 27.09 |
| 52-Week Low | 25.28 |
| 52-Week High | 30.18 |
| Beta | 0.51 |
| Holdings | 59 |
| Inception Date | Nov 16, 2020 |
About LBAY
The Leatherback Long/Short Alternative Yield ETF (LBAY) is an exchange-traded fund that mostly invests in long/short alternatives. The fund is actively managed, seeking to provide monthly income and capital appreciation. The portfolio will generally be 75% - 110% net long LBAY was launched on Nov 16, 2020 and is managed by Tidal.
Top 10 Holdings
50.04% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligs X | FGXXX | 9.04% |
| Bunge Limited | BG | 5.41% |
| Exxon Mobil Corporation | XOM | 5.06% |
| AbbVie Inc. | ABBV | 5.02% |
| Zimmer Biomet Holdings, Inc. | ZBH | 4.76% |
| Waste Management, Inc. | WM | 4.45% |
| Activision Blizzard, Inc. | ATVI | 4.32% |
| Visa Inc. | V | 4.12% |
| Newmont Corporation | NEM | 3.95% |
| Old Republic International Corporation | ORI | 3.91% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 28, 2023 | $0.080 | Mar 31, 2023 |
| Feb 23, 2023 | $0.075 | Feb 28, 2023 |
| Jan 26, 2023 | $0.075 | Jan 31, 2023 |
| Dec 27, 2022 | $0.075 | Dec 30, 2022 |
| Nov 25, 2022 | $0.075 | Nov 30, 2022 |
| Oct 26, 2022 | $0.065 | Oct 31, 2022 |
News
5 ETFs That Gained More Than 20% This Year
While most of the market was in deep red, a few have really performed well this year.
Leatherback Long/Short Alternative Yield ETF (LBAY) Marks Two-Year Anniversary as a Top-Performing Long/Short Fund
PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--Leatherback Asset Management recently marked the second anniversary of the launch of the Leatherback Long/Short Alternative Yield ETF (LBAY), a fund which ...
Things to Consider With Your Active ETFs
While the first half of the year has been something of a bloodbath for investors, some – though not all – actively managed exchange traded funds have been beating the market and justifying their highe...
Long/Short ETFs to Consider Amid Market Turmoil
Long/Short ETFs provide hedging facilities that protect the portfolio from huge losses in turbulent times.
Leatherback Long/Short Alternative Yield ETF (LBAY) Crosses $50 Million in Assets Under Management
PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--Actively managed Leatherback Long/Short Alternative Yield ETF (LBAY) has passed $50 million in assets under management, generated strong returns.
Will Defensive ETFs Gain Further as S&P 500 Lull Not Over Yet?
After a worst start to a year since 1939, the global market selloff will continue, according to Bank of America Corp. and Morgan Stanley, as quoted on Bloomberg.
ETF Leaders Powered by the NYSE: Tidal ETF Services' Gavin Filmore
ETF Trends' editor-in-chief Lara Crigger sat down with Tidal ETF Services' Gavin Filmore for this edition of “ETF Leaders Powered by the NYSE.” Filmore is the head of product for Tidal ETF Services an...
Defensive ETFs for Investors Fearing Further Market Crash
After an awful start to a year since 1939, the global market has more selloffs in the cards, according to Bank of America Corp., as quoted on Bloomberg.
5 Long/Short ETFs to Defend Your Portfolio Against Volatility
As the S&P 500 entered into a correction due to geopolitical crisis, investors can reply upon these long/short ETFs.
A Brand-New ETF Can Fill the Void Left by Interest Rates
The current low-yield environment is conducive to new entrants that offer active management and alternatives to standard assets. The Leatherback Long/Short Alternative Yield ETF (LBAY), which debuted ...
Leatherback Asset Management Launches First ETF, ‘LBAY'
On Tuesday, Leatherback Asset Management, in partnership with Tidal ETF Services, launched its first ETF: the Leatherback Long/Short Alternative Yield ETF (LBAY). LBAY is an actively managed alternati...
Leatherback Asset Management Launches its First ETF
Actively managed Leatherback Long/Short Alternative Yield ETF (LBAY) is overseen by portfolio manager and founder Michael Winter, a 20-year veteran of hedge funds, mutual funds