Leatherback Long/Short Alternative Yield ETF (LBAY)

NYSEARCA: LBAY · IEX Real-Time Price · USD
28.65
-0.28 (-0.95%)
May 18, 2022 12:47 PM EDT - Market closed
Assets$49.87M
NAV$28.91
Expense Ratio1.43%
PE Ratio12.81
Shares Out1.73M
Dividend (ttm)$0.75
Dividend Yield2.62%
Ex-Dividend DateApr 26, 2022
1-Year Return+16.44%
Volume63,202
Open28.91
Previous Close28.92
Day's Range28.53 - 28.91
52-Week Low22.37
52-Week High29.36
Beta0.37
Holdings58
Inception DateNov 16, 2020

About LBAY

The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing long positions in securities believed to provide sustainable shareholder yield (defined as dividends plus buybacks plus debt paydowns) and taking short positions in securities expected to decline in price. It will generally have net exposure of 75% - 110% long. The fund's long positions are generally expected to be comprised of equity securities or depositary receipts, although long positions may also include investment-grade corporate bonds and convertible bonds. It is non-diversified.

Asset ClassEquity
RegionNorth America
IssuerLeatherback ETFs
Stock ExchangeNYSEARCA
Ticker SymbolLBAY

Top 10 Holdings

46.35% of assets
NameSymbolWeight
H&R BlockHRB5.42%
BungeBG5.21%
AbbVieABBV5.04%
Exxon MobilXOM5.01%
Fidelity National Information ServicesFIS4.67%
Zimmer Biomet HoldingsZBH4.35%
Old Republic InternationalORI4.30%
PopularBPOP4.15%
NewmontNEM4.10%
The Charles Schwab CorporationSCHW4.10%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Apr 26, 2022$0.065Apr 29, 2022
Mar 28, 2022$0.065Mar 31, 2022
Feb 23, 2022$0.065Feb 28, 2022
Jan 26, 2022$0.065Jan 28, 2022
Dec 28, 2021$0.065Dec 31, 2021
Nov 24, 2021$0.065Nov 30, 2021
Full Dividend History

News

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.

Other symbols:BTALDIVAFAAR
1 day ago - Zacks Investment Research

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 and ...

Other symbols:RISRRPAR
2 days ago - ETF Trends

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.

Other symbols:DBMFFMFKMLM
1 week ago - Zacks Investment Research

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.

Other symbols:BTALKMLMMARBRALS
2 months ago - Zacks Investment Research

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 Tu...

1 year ago - ETF Trends

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 alternative...

1 year ago - ETF Trends

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

1 year ago - GlobeNewsWire