Hoya Capital Real Estate LLC has reported a 41.5% increase in its holdings of the Hoya Capital High Dividend Yield ETF during the first quarter. According to the company’s recent filing with the Securities and Exchange Commission (SEC), it now owns a total of 45,403 shares, representing a 12.0% stake in the ETF. This makes it the company’s fourth-largest holding. The value of Hoya Capital Real Estate LLC’s investment in the ETF is approximately $466,000.
In addition, Pettee Investors Inc. has also increased its holdings in the Hoya Capital High Dividend Yield ETF by 40.9% during the first quarter. The company now owns 38,674 shares of the ETF, valued at $397,000.
The Hoya Capital High Dividend Yield ETF (RIET) is an exchange-traded fund that tracks the Hoya Capital High Dividend Yield index. The index consists of 100 high-dividend-paying, US-listed common and preferred stocks of real estate investment trusts (REITs) and real estate operating companies. Managed by Hoya, the RIET was launched on September 21, 2021.
As of its most recent filing, the ETF’s stock is trading at $10.50, with a market cap of $40.32 million. It has a price-to-earnings ratio of 11.90 and a beta of 1.13. The ETF has a fifty-day simple moving average of $10.61 and a 200-day simple moving average of $10.29. Its fifty-two week low is $9.26, while its fifty-two week high is $12.89.
For more information on the holdings of RIET and insider trades, you can visit HoldingsChannel.com and access the latest 13F filings.
Sources:
– Securities and Exchange Commission (SEC)
– HoldingsChannel.com