Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Announces $0.09 Quarterly Dividend

Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) announced a quarterly dividend on Tuesday, September 22nd. Shareholders of record on Wednesday, September 23rd will be paid a dividend of 0.0893 per share on Thursday, September 24th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date is Wednesday, September 23rd.

Horizon Kinetics Inflation Beneficiaries ETF Stock Performance

Horizon Kinetics Inflation Beneficiaries ETF stock opened at $52.46 on Wednesday. Horizon Kinetics Inflation Beneficiaries ETF has a 1 year low of $42.22 and a 1 year high of $56.28. The firm’s 50 day moving average price is $53.15 and its two-hundred day moving average price is $52.28. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of -2,273.97 and a beta of 0.70.

Institutional Investors Weigh In On Horizon Kinetics Inflation Beneficiaries ETF

Several hedge funds have recently bought and sold shares of INFL. Longview Financial Advisors Inc. raised its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF by 5.7% during the second quarter. Longview Financial Advisors Inc. now owns 187,257 shares of the company’s stock worth $9,340,000 after acquiring an additional 10,049 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Horizon Kinetics Inflation Beneficiaries ETF by 9.7% during the 1st quarter. Bank of New York Mellon Corp now owns 433,834 shares of the company’s stock worth $22,585,000 after buying an additional 38,447 shares during the period. Principia Wealth Advisory LLC grew its stake in Horizon Kinetics Inflation Beneficiaries ETF by 4.1% in the 2nd quarter. Principia Wealth Advisory LLC now owns 8,465 shares of the company’s stock valued at $422,000 after buying an additional 330 shares during the last quarter. NBH Bank bought a new position in Horizon Kinetics Inflation Beneficiaries ETF in the 2nd quarter worth $71,000. Finally, Waterloo Capital L.P. lifted its position in Horizon Kinetics Inflation Beneficiaries ETF by 1.9% during the 4th quarter. Waterloo Capital L.P. now owns 100,041 shares of the company’s stock worth $4,448,000 after acquiring an additional 1,845 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.