Cetera Investment Advisers Sells 51,169 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Key Points

• Cetera Investment Advisers reduced its holdings in Sila Realty Trust by 18.5%, now owning 225,260 shares worth approximately $6.02 million.
• Institutional investors like Vanguard Group Inc. and Frontier Capital Management have significantly increased their stakes in Sila Realty Trust during the fourth quarter, showing growing interest in the company.
• Sila Realty Trust has recently declared a quarterly dividend of $0.40 per share, providing a 6.4% yield to investors.

Cetera Investment Advisers reduced its stake in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 18.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 225,260 shares of the company's stock after selling 51,169 shares during the period. Cetera Investment Advisers owned approximately 0.41% of Sila Realty Trust worth $6,017,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Sila Realty Trust by 94.0% in the fourth quarter. Vanguard Group Inc. now owns 5,133,173 shares of the company's stock worth $124,839,000 after buying an additional 2,487,337 shares during the period. Frontier Capital Management Co. LLC increased its holdings in Sila Realty Trust by 240.0% during the 4th quarter. Frontier Capital Management Co. LLC now owns 2,125,774 shares of the company's stock valued at $51,699,000 after purchasing an additional 1,500,624 shares during the period. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in Sila Realty Trust during the 4th quarter valued at about $12,625,000. Marshall Wace LLP purchased a new position in Sila Realty Trust during the 4th quarter valued at about $7,514,000. Finally, Dimensional Fund Advisors LP boosted its position in Sila Realty Trust by 424.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 219,803 shares of the company's stock valued at $5,345,000 after acquiring an additional 177,906 shares in the last quarter.

Sila Realty Trust Stock Up 0.4%

Shares of SILA traded up $0.09 during mid-day trading on Wednesday, reaching $25.38. The company had a trading volume of 300,134 shares, compared to its average volume of 440,202. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a 50-day moving average price of $24.42 and a 200 day moving average price of $25.07. Sila Realty Trust, Inc. has a 52 week low of $21.29 and a 52 week high of $27.50. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 40.94 and a beta of 0.01.

Sila Realty Trust Dividend Announcement

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

Sila Realty Trust Profile

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.