AXS Astoria Real Assets ETF (PPI) to Issue Quarterly Dividend of $0.06 on March 27th

AXS Astoria Real Assets ETF (NASDAQ:PPI) declared a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Investors of record on Wednesday, March 25th will be given a dividend of 0.0605 per share on Friday, March 27th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, March 25th. This is a 22.7% increase from AXS Astoria Real Assets ETF’s previous quarterly dividend of $0.05.

AXS Astoria Real Assets ETF Stock Performance

Shares of PPI stock opened at $20.53 on Friday. The company has a market capitalization of $98.13 million, a price-to-earnings ratio of 17.44 and a beta of 0.92. AXS Astoria Real Assets ETF has a 52-week low of $12.47 and a 52-week high of $22.02. The company has a 50-day simple moving average of $20.80 and a two-hundred day simple moving average of $19.36.

Institutional Trading of AXS Astoria Real Assets ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. bought a new stake in AXS Astoria Real Assets ETF during the third quarter worth $326,000. Flow Traders U.S. LLC grew its stake in AXS Astoria Real Assets ETF by 32.9% in the 2nd quarter. Flow Traders U.S. LLC now owns 50,412 shares of the company’s stock valued at $824,000 after purchasing an additional 12,467 shares during the period. Cascades Capital Asset Management LLC increased its position in shares of AXS Astoria Real Assets ETF by 49.1% during the 4th quarter. Cascades Capital Asset Management LLC now owns 61,723 shares of the company’s stock valued at $1,150,000 after purchasing an additional 20,323 shares during the last quarter. Vermillion & White Wealth Management Group LLC increased its position in shares of AXS Astoria Real Assets ETF by 7.2% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 171,951 shares of the company’s stock valued at $2,811,000 after purchasing an additional 11,526 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in shares of AXS Astoria Real Assets ETF during the 4th quarter worth $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.