ALPS Active REIT ETF (NASDAQ:REIT) Plans Quarterly Dividend of $0.21

ALPS Active REIT ETF (NASDAQ:REITGet Free Report) declared a quarterly dividend on Wednesday, June 17th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 18th will be given a dividend of 0.2109 per share on Wednesday, June 24th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, June 18th. This is a 16.1% increase from ALPS Active REIT ETF’s previous quarterly dividend of $0.18.

ALPS Active REIT ETF Trading Down 0.2%

Shares of REIT stock traded down $0.06 on Thursday, reaching $29.67. The company had a trading volume of 10,189 shares, compared to its average volume of 9,151. The stock has a market cap of $50.44 million, a PE ratio of 35.67 and a beta of 0.94. The company has a 50-day moving average of $29.64 and a 200-day moving average of $28.14. ALPS Active REIT ETF has a 12 month low of $25.63 and a 12 month high of $31.19.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC bought a new stake in ALPS Active REIT ETF in the fourth quarter valued at approximately $38,000. Main Street Group LTD acquired a new stake in ALPS Active REIT ETF in the first quarter worth $83,000. Park Edge Advisors LLC bought a new position in shares of ALPS Active REIT ETF during the fourth quarter worth $201,000. Advisor OS LLC boosted its position in shares of ALPS Active REIT ETF by 21.4% during the third quarter. Advisor OS LLC now owns 12,193 shares of the company’s stock worth $327,000 after purchasing an additional 2,151 shares in the last quarter. Finally, Goldman Sachs Group Inc. acquired a new position in shares of ALPS Active REIT ETF in the 1st quarter valued at $413,000.

About ALPS Active REIT ETF

(Get Free Report)

The ALPS Active REIT ETF (REIT) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed ETF that provides exposure to publicly traded equity securities of US REITs. REIT was launched on Feb 25, 2021 and is issued by SS&C.

Further Reading

Dividend History for ALPS Active REIT ETF (NASDAQ:REIT)

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