ALPS Active REIT ETF (REIT) To Go Ex-Dividend on June 20th

ALPS Active REIT ETF (NASDAQ:REIT) declared a dividend on Wednesday, June 18th, NASDAQ Dividends reports. Investors of record on Friday, June 20th will be given a dividend of 0.2089 per share on Wednesday, June 25th. The ex-dividend date is Friday, June 20th. This is a 4.5% increase from ALPS Active REIT ETF’s previous dividend of $0.20.

ALPS Active REIT ETF Stock Performance

NASDAQ REIT opened at $26.81 on Friday. The business has a fifty day moving average price of $26.44 and a 200 day moving average price of $27.08. The company has a market cap of $45.04 million, a P/E ratio of 35.98 and a beta of 1.03. ALPS Active REIT ETF has a one year low of $23.40 and a one year high of $30.26.

Institutional Investors Weigh In On ALPS Active REIT ETF

An institutional investor recently bought a new position in ALPS Active REIT ETF stock. Goldman Sachs Group Inc. acquired a new stake in shares of ALPS Active REIT ETF (NASDAQ:REIT) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 15,134 shares of the company’s stock, valued at approximately $413,000. Goldman Sachs Group Inc. owned approximately 0.92% of ALPS Active REIT ETF at the end of the most recent quarter.

About ALPS Active REIT ETF

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.