NETLease Corporate Real Estate ETF to Issue Dividend of $0.10 (NYSEARCA:NETL)

NETLease Corporate Real Estate ETF (NYSEARCA:NETLGet Rating) declared a dividend on Thursday, May 25th, NASDAQ reports. Stockholders of record on Tuesday, May 30th will be given a dividend of 0.095 per share on Wednesday, May 31st. The ex-dividend date of this dividend is Friday, May 26th.

NETLease Corporate Real Estate ETF Trading Up 1.0 %

Shares of NYSEARCA:NETL traded up $0.22 during midday trading on Friday, hitting $23.37. 8,136 shares of the stock were exchanged, compared to its average volume of 15,574. NETLease Corporate Real Estate ETF has a twelve month low of $22.68 and a twelve month high of $28.49. The stock has a market cap of $91.61 million, a P/E ratio of 25.06 and a beta of 1.02. The company has a 50 day moving average price of $24.27 and a 200-day moving average price of $25.51.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in NETLease Corporate Real Estate ETF stock. JPMorgan Chase & Co. bought a new stake in NETLease Corporate Real Estate ETF (NYSEARCA:NETLGet Rating) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,384 shares of the company’s stock, valued at approximately $35,000.

About NETLease Corporate Real Estate ETF

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The fundamental Income Net Lease Real Estate ETF (NETL) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index that provides current income by investing in net lease US real estate equities weighted by a modified market-cap strategy. NETL was launched on Mar 22, 2019 and is managed by NETL.

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Dividend History for NETLease Corporate Real Estate ETF (NYSEARCA:NETL)

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