Spinnaker ETF Series - Trajan Wealth Income Opportunities ETF is an exchange traded fund launched and managed by OBP Capital, LLC. The fund is co-managed by Trajan Wealth, L.L.C. It invests in the public equity and fixed income markets of the United States. For its equity portion, the fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund primarily invests in preferred securities and income producing fixed income securities with varying maturities. The fund seeks to benchmark the performance of its portfolio against the Bloomberg U.S. Aggregate Bond TR Index, the S&P Preferred Stock Index, the S&P 500 Index and a composite index comprised of 25% of S&P 500 Cap, 50% of Bloomberg U.S. Aggregate 25% of S&P. The fund employs fundamental analysis with top-down and bottom-up security picking approach to create its portfolio. Spinnaker ETF Series - Trajan Wealth Income Opportunities ETF was formed on March 31, 2021 and is domiciled in the United States.