AXS Astoria Real Assets ETF (PPI) To Go Ex-Dividend on June 25th

AXS Astoria Real Assets ETF (NASDAQ:PPI) announced a quarterly dividend on Thursday, June 25th, NASDAQ Dividends reports. Shareholders of record on Thursday, June 25th will be paid a dividend of 0.1157 per share on Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Thursday, June 25th. This is a 91.2% increase from AXS Astoria Real Assets ETF’s previous quarterly dividend of $0.06.

AXS Astoria Real Assets ETF Price Performance

NASDAQ PPI opened at $21.14 on Friday. The company has a market cap of $152.84 million, a P/E ratio of 17.44 and a beta of 0.85. AXS Astoria Real Assets ETF has a 12 month low of $16.26 and a 12 month high of $22.44. The company has a 50-day moving average of $21.68 and a 200-day moving average of $20.77.

Hedge Funds Weigh In On AXS Astoria Real Assets ETF

A number of hedge funds have recently made changes to their positions in PPI. Sound Income Strategies LLC acquired a new stake in shares of AXS Astoria Real Assets ETF during the 1st quarter worth $94,000. Ameriprise Financial Inc. acquired a new position in AXS Astoria Real Assets ETF in the third quarter valued at $326,000. Cascades Capital Asset Management LLC boosted its holdings in AXS Astoria Real Assets ETF by 49.1% in the fourth quarter. Cascades Capital Asset Management LLC now owns 61,723 shares of the company’s stock valued at $1,150,000 after acquiring an additional 20,323 shares during the last quarter. Vermillion & White Wealth Management Group LLC grew its position in AXS Astoria Real Assets ETF by 5.1% during the third quarter. Vermillion & White Wealth Management Group LLC now owns 180,782 shares of the company’s stock valued at $3,313,000 after acquiring an additional 8,831 shares during the period. Finally, Janney Montgomery Scott LLC purchased a new stake in AXS Astoria Real Assets ETF during the fourth quarter valued at about $3,899,000.

About AXS Astoria Real Assets ETF

The Investment Managers Series Trust II AXS Astoria Real Assets ETF (PPI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed asset allocation fund seeking long-term capital appreciation by holding real asset-like investments expected to benefit from rising costs of goods and services. PPI was launched on Dec 30, 2021 and is issued by AXS Investments.