40,081 Shares in Sila Realty Trust, Inc. (NYSE:SILA) Acquired by Avantax Advisory Services Inc.

Key Points

• Avantax Advisory Services Inc. has made a significant investment of approximately $1.07 million in Sila Realty Trust, acquiring 40,081 shares in the first quarter.
• Sila Realty Trust recently announced a quarterly dividend of $0.40 per share, resulting in an annualized dividend yield of 6.4%.
• As of its latest filing, Sila Realty Trust has a market capitalization of $1.38 billion and a price-to-earnings ratio of 40.23.

Avantax Advisory Services Inc. purchased a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 40,081 shares of the company's stock, valued at approximately $1,071,000. Avantax Advisory Services Inc. owned 0.07% of Sila Realty Trust as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. MetLife Investment Management LLC acquired a new stake in shares of Sila Realty Trust during the fourth quarter valued at about $39,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Sila Realty Trust during the first quarter worth about $39,000. Asset Dedication LLC lifted its holdings in Sila Realty Trust by 398.6% in the first quarter. Asset Dedication LLC now owns 1,750 shares of the company's stock worth $47,000 after acquiring an additional 1,399 shares during the last quarter. KBC Group NV bought a new position in Sila Realty Trust in the first quarter worth about $79,000. Finally, ORG Wealth Partners LLC bought a new position in Sila Realty Trust in the first quarter worth about $80,000.

Sila Realty Trust Stock Performance

Shares of NYSE:SILA traded up $0.09 during trading hours on Wednesday, hitting $25.38. The stock had a trading volume of 300,134 shares, compared to its average volume of 440,202. The stock's fifty day simple moving average is $24.42 and its 200 day simple moving average is $25.07. Sila Realty Trust, Inc. has a 1-year low of $21.29 and a 1-year high of $27.50. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 40.94 and a beta of 0.01. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 0.99.

Sila Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date was Wednesday, May 21st. Sila Realty Trust's dividend payout ratio (DPR) is currently 258.06%.

About Sila Realty Trust

Sila Realty Trust, Inc, headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the large, growing, and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams.