N.E.W. Advisory Services LLC Takes $414,000 Position in Sila Realty Trust, Inc. (NYSE:SILA)

N.E.W. Advisory Services LLC acquired a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the 2nd quarter, Holdings Channel reports. The fund acquired 19,566 shares of the company’s stock, valued at approximately $414,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cooper Financial Group bought a new stake in shares of Sila Realty Trust during the 2nd quarter valued at $721,000. Pineridge Advisors LLC bought a new stake in shares of Sila Realty Trust during the 2nd quarter valued at $362,000. Dynamic Advisor Solutions LLC bought a new stake in shares of Sila Realty Trust during the 2nd quarter valued at $749,000. Diversify Advisory Services LLC bought a new stake in shares of Sila Realty Trust during the 2nd quarter valued at $923,000. Finally, Brookstone Capital Management bought a new stake in shares of Sila Realty Trust during the 2nd quarter valued at $278,000.

Sila Realty Trust Trading Up 4.0 %

SILA opened at $25.48 on Friday. Sila Realty Trust, Inc. has a fifty-two week low of $7.45 and a fifty-two week high of $26.05.

Sila Realty Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, August 30th will be issued a dividend of $0.1333 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a $1.60 annualized dividend and a dividend yield of 6.28%.

Analyst Upgrades and Downgrades

Separately, BNP Paribas began coverage on shares of Sila Realty Trust in a research note on Tuesday, June 25th. They set an “outperform” rating and a $30.00 target price for the company.

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.