AXS Astoria Real Assets ETF (PPI) To Go Ex-Dividend on December 23rd

AXS Astoria Real Assets ETF (NASDAQ:PPI) declared a quarterly dividend on Tuesday, December 23rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 23rd will be given a dividend of 0.0493 per share on Friday, December 26th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, December 23rd.

AXS Astoria Real Assets ETF Trading Up 0.1%

Shares of PPI opened at $18.92 on Thursday. The firm has a market cap of $74.54 million, a P/E ratio of 17.44 and a beta of 0.92. AXS Astoria Real Assets ETF has a 12-month low of $12.47 and a 12-month high of $19.32. The company’s 50-day moving average price is $18.58 and its 200 day moving average price is $17.66.

Institutional Investors Weigh In On AXS Astoria Real Assets ETF

A number of institutional investors and hedge funds have recently made changes to their positions in PPI. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of AXS Astoria Real Assets ETF by 7.2% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 171,951 shares of the company’s stock worth $2,811,000 after acquiring an additional 11,526 shares during the last quarter. Ameriprise Financial Inc. acquired a new stake in AXS Astoria Real Assets ETF in the 3rd quarter valued at approximately $326,000. Finally, Flow Traders U.S. LLC raised its position in AXS Astoria Real Assets ETF by 32.9% in the second 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.

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.