U.S. Diversified Real Estate ETF (NYSEARCA:PPTY – Get Free Report) announced a quarterly dividend on Monday, October 19th. Shareholders of record on Tuesday, October 20th will be given a dividend of $0.2878 per share on Wednesday, October 21st. This represents a $1.15 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Tuesday, October 20th. This is a 2.0% decrease from U.S. Diversified Real Estate ETF’s previous quarterly dividend of $0.2936.
U.S. Diversified Real Estate ETF Trading Down 1.0%
Shares of NYSEARCA PPTY opened at $31.44 on Tuesday. The stock has a market capitalization of $23.58 million, a PE ratio of 34.93 and a beta of 0.93. The stock’s fifty day simple moving average is $32.60 and its two-hundred day simple moving average is $33.07. U.S. Diversified Real Estate ETF has a 12-month low of $29.34 and a 12-month high of $35.44.
Institutional Investors Weigh In On U.S. Diversified Real Estate ETF
An institutional investor recently raised its position in U.S. Diversified Real Estate ETF stock. Arkadios Wealth Advisors raised its stake in U.S. Diversified Real Estate ETF (NYSEARCA:PPTY – Free Report) by 8.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,950 shares of the company’s stock after purchasing an additional 1,406 shares during the period. Arkadios Wealth Advisors owned 2.53% of U.S. Diversified Real Estate ETF worth $571,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
U.S. Diversified Real Estate ETF Company Profile
The Vident U.S. Diversified Real Estate ETF (PPTY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of fundamentally-selected and -weighted US-listed equities that derive income from the ownership or management of real estate. PPTY was launched on Mar 24, 2018 and is managed by Vident.
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