Horizon Kinetics Inflation Beneficiaries ETF (INFL) To Go Ex-Dividend on December 23rd

Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) announced a quarterly dividend on Monday, December 22nd. Shareholders of record on Tuesday, December 23rd will be given a dividend of 0.102 per share on Wednesday, December 24th. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date is Tuesday, December 23rd. This is a 2.0% increase from Horizon Kinetics Inflation Beneficiaries ETF’s previous quarterly dividend of $0.10.

Horizon Kinetics Inflation Beneficiaries ETF Stock Up 0.0%

NYSEARCA:INFL opened at $44.89 on Wednesday. Horizon Kinetics Inflation Beneficiaries ETF has a 52-week low of $35.08 and a 52-week high of $45.78. The stock has a fifty day simple moving average of $44.00 and a 200-day simple moving average of $43.18. The company has a market capitalization of $1.32 billion, a PE ratio of -1,945.99 and a beta of 0.79.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in INFL. Baird Financial Group Inc. grew its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF by 50.9% during the first quarter. Baird Financial Group Inc. now owns 124,625 shares of the company’s stock worth $5,066,000 after buying an additional 42,058 shares in the last quarter. Lowe Wealth Advisors LLC boosted its position in Horizon Kinetics Inflation Beneficiaries ETF by 4.2% during the second quarter. Lowe Wealth Advisors LLC now owns 245,118 shares of the company’s stock worth $10,337,000 after acquiring an additional 9,788 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in Horizon Kinetics Inflation Beneficiaries ETF by 10.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 279,661 shares of the company’s stock worth $11,793,000 after acquiring an additional 26,550 shares during the period. Copia Wealth Management raised its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 55.3% in the 2nd quarter. Copia Wealth Management now owns 12,469 shares of the company’s stock valued at $526,000 after acquiring an additional 4,441 shares during the last quarter. Finally, Private Trust Co. NA raised its holdings in Horizon Kinetics Inflation Beneficiaries ETF by 801.0% in the 2nd quarter. Private Trust Co. NA now owns 865 shares of the company’s stock valued at $36,000 after acquiring an additional 769 shares during the last quarter.

About Horizon Kinetics Inflation Beneficiaries ETF

The Horizon Kinetics Inflation Beneficiaries ETF (INFL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund seeking long-term capital growth in inflation-adjusted terms from companies expected to benefit, directly or indirectly, from inflation. INFL was launched on Jan 11, 2021 and is managed by Horizon Kinetics.