Envestnet Asset Management Inc. Increases Stock Holdings in Sila Realty Trust, Inc. (NYSE:SILA)

Envestnet Asset Management Inc. boosted its position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 6.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 189,922 shares of the company's stock after buying an additional 11,477 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.34% of Sila Realty Trust worth $5,073,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in SILA. MetLife Investment Management LLC bought a new position in shares of Sila Realty Trust in the fourth quarter worth approximately $39,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Sila Realty Trust in the first quarter worth approximately $39,000. KBC Group NV bought a new position in shares of Sila Realty Trust in the first quarter worth approximately $79,000. ORG Wealth Partners LLC bought a new position in shares of Sila Realty Trust in the first quarter worth approximately $80,000. Finally, Sunbelt Securities Inc. grew its holdings in shares of Sila Realty Trust by 38.8% in the first quarter. Sunbelt Securities Inc. now owns 3,630 shares of the company's stock worth $97,000 after purchasing an additional 1,015 shares during the last quarter.

Sila Realty Trust Trading Down 2.1%

Shares of Sila Realty Trust stock traded down $0.53 on Monday, hitting $24.81. The stock had a trading volume of 600,263 shares, compared to its average volume of 397,375. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.40. Sila Realty Trust, Inc. has a one year low of $21.29 and a one year high of $27.50. The stock has a market cap of $1.37 billion and a price-to-earnings ratio of 40.02. The stock's 50-day simple moving average is $24.41 and its two-hundred day simple moving average is $25.04.

Sila Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 6.45%. The ex-dividend date was Wednesday, May 21st. Sila Realty Trust's dividend payout ratio is 258.06%.

Sila Realty Trust Company 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.