96,525 Shares in The Intelligent Real Estate ETF (NASDAQ:REAI) Bought by Seneca House Advisors

Seneca House Advisors purchased a new stake in The Intelligent Real Estate ETF (NASDAQ:REAI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 96,525 shares of the company’s stock, valued at approximately $2,206,000. Intelligent Real Estate ETF accounts for 0.9% of Seneca House Advisors’ investment portfolio, making the stock its 26th biggest position. Seneca House Advisors owned 56.78% of Intelligent Real Estate ETF at the end of the most recent reporting period.

Intelligent Real Estate ETF Stock Down 0.3 %

REAI traded down $0.07 during trading hours on Friday, hitting $22.38. 266 shares of the company’s stock were exchanged, compared to its average volume of 474. The Intelligent Real Estate ETF has a 1-year low of $16.74 and a 1-year high of $23.10. The stock’s 50-day moving average is $22.08 and its two-hundred day moving average is $20.49. The stock has a market cap of $3.80 million, a price-to-earnings ratio of 28.79 and a beta of 1.03.

Intelligent Real Estate ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, July 29th were paid a $0.1851 dividend. This represents a $0.74 annualized dividend and a dividend yield of 3.31%. The ex-dividend date of this dividend was Monday, July 29th.

Intelligent Real Estate ETF Profile

The Tidal ETF Trust Intelligent Real Estate ETF (REAI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that invests primarily in US-listed commercial REITs that provide qualitative characteristics of a portfolio of public, non-traded REITs. The fund also invests, to a lesser extent, in mortgage-backed securities.