Captrust Financial Advisors Has $9.42 Million Stock Holdings in Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL)

Captrust Financial Advisors decreased its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) by 6.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 247,378 shares of the company’s stock after selling 16,347 shares during the period. Captrust Financial Advisors’ holdings in Horizon Kinetics Inflation Beneficiaries ETF were worth $9,420,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Private Trust Co. NA lifted its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 2,495.3% during the fourth quarter. Private Trust Co. NA now owns 2,777 shares of the company’s stock worth $106,000 after purchasing an additional 2,670 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 7.2% during the 4th quarter. Baird Financial Group Inc. now owns 82,567 shares of the company’s stock worth $3,144,000 after buying an additional 5,577 shares in the last quarter. Longview Financial Advisors Inc. boosted its position in Horizon Kinetics Inflation Beneficiaries ETF by 5.1% in the 4th quarter. Longview Financial Advisors Inc. now owns 156,793 shares of the company’s stock valued at $5,971,000 after buying an additional 7,649 shares during the last quarter. Hilltop National Bank increased its stake in shares of Horizon Kinetics Inflation Beneficiaries ETF by 25.0% in the 4th quarter. Hilltop National Bank now owns 124,115 shares of the company’s stock valued at $4,726,000 after buying an additional 24,840 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in shares of Horizon Kinetics Inflation Beneficiaries ETF by 42.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 90,067 shares of the company’s stock worth $3,430,000 after acquiring an additional 26,925 shares during the last quarter.

Horizon Kinetics Inflation Beneficiaries ETF Stock Down 0.5 %

Horizon Kinetics Inflation Beneficiaries ETF stock opened at $41.55 on Thursday. The business’s 50-day simple moving average is $40.01 and its 200 day simple moving average is $40.04. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 24.81 and a beta of 0.83. Horizon Kinetics Inflation Beneficiaries ETF has a 12-month low of $32.34 and a 12-month high of $43.13.

Horizon Kinetics Inflation Beneficiaries ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 26th were issued a $0.17 dividend. This is a positive change from Horizon Kinetics Inflation Beneficiaries ETF’s previous dividend of $0.14. The ex-dividend date was Wednesday, March 26th.

Horizon Kinetics Inflation Beneficiaries ETF Company Profile

The Horizon Kinetics Inflation Beneficiaries ETF (INFL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund seeking long-term capital growth in inflation-adjusted terms from companies expected to benefit, directly or indirectly, from inflation. INFL was launched on Jan 11, 2021 and is managed by Horizon Kinetics.