U.S. Diversified Real Estate ETF (NYSEARCA:PPTY – Get Free Report) fell 0.1% during trading on Friday . The company traded as low as $33.06 and last traded at $33.19. 356 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 3,326 shares. The stock had previously closed at $33.23.
U.S. Diversified Real Estate ETF Stock Down 0.1%
The firm has a market capitalization of $24.89 million, a price-to-earnings ratio of 34.93 and a beta of 0.92. The firm’s 50 day moving average is $34.30 and its 200 day moving average is $32.86.
U.S. Diversified Real Estate ETF Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, July 16th were issued a $0.2936 dividend. This is an increase from U.S. Diversified Real Estate ETF’s previous quarterly dividend of $0.25. This represents a $1.17 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Thursday, July 16th.
Institutional Investors Weigh In On U.S. Diversified Real Estate ETF
About U.S. Diversified Real Estate ETF
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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