Envestnet Asset Management Inc. Purchases 11,477 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

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

Several other institutional investors and hedge funds have also made changes to their positions in SILA. Vanguard Group Inc. boosted its stake in shares of Sila Realty Trust by 94.0% during the 4th quarter. Vanguard Group Inc. now owns 5,133,173 shares of the company's stock valued at $124,839,000 after buying an additional 2,487,337 shares during the last quarter. Frontier Capital Management Co. LLC lifted its stake in Sila Realty Trust by 240.0% during the fourth quarter. Frontier Capital Management Co. LLC now owns 2,125,774 shares of the company's stock worth $51,699,000 after purchasing an additional 1,500,624 shares during the last quarter. Conversant Capital LLC lifted its stake in Sila Realty Trust by 6.4% during the fourth quarter. Conversant Capital LLC now owns 1,924,033 shares of the company's stock worth $46,792,000 after purchasing an additional 115,552 shares during the last quarter. Geode Capital Management LLC lifted its stake in Sila Realty Trust by 15.6% during the fourth quarter. Geode Capital Management LLC now owns 667,055 shares of the company's stock worth $16,231,000 after purchasing an additional 90,060 shares during the last quarter. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new position in Sila Realty Trust during the fourth quarter worth $12,625,000.

Sila Realty Trust Stock Performance

SILA traded down $0.21 during trading hours on Friday, hitting $25.39. 241,895 shares of the stock were exchanged, compared to its average volume of 835,427. The stock has a 50-day simple moving average of $24.45 and a 200-day simple moving average of $24.98. Sila Realty Trust, Inc. has a 12 month low of $21.29 and a 12 month high of $27.50. The stock has a market cap of $1.40 billion and a price-to-earnings ratio of 40.95. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.99 and a quick ratio of 0.99.

Sila Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st were given a $0.40 dividend. The ex-dividend date was Wednesday, May 21st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.30%. Sila Realty Trust's dividend payout ratio (DPR) 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.