Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) Position Cut by Mariner LLC

Mariner LLC lowered its holdings in shares of Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) by 7.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,978 shares of the company’s stock after selling 1,912 shares during the period. Mariner LLC owned approximately 0.12% of Chicago Atlantic Real Estate Finance worth $354,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in REFI. Geode Capital Management LLC raised its stake in shares of Chicago Atlantic Real Estate Finance by 5.4% during the fourth quarter. Geode Capital Management LLC now owns 12,982 shares of the company’s stock valued at $201,000 after purchasing an additional 663 shares in the last quarter. Russell Investments Group Ltd. increased its stake in Chicago Atlantic Real Estate Finance by 33.5% during the 4th quarter. Russell Investments Group Ltd. now owns 3,321 shares of the company’s stock valued at $51,000 after buying an additional 833 shares during the period. Commonwealth Equity Services LLC raised its position in shares of Chicago Atlantic Real Estate Finance by 4.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 44,659 shares of the company’s stock worth $689,000 after buying an additional 1,842 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of Chicago Atlantic Real Estate Finance by 2.8% in the 4th quarter. HighTower Advisors LLC now owns 78,566 shares of the company’s stock worth $1,211,000 after acquiring an additional 2,148 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Chicago Atlantic Real Estate Finance by 4.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 51,332 shares of the company’s stock valued at $792,000 after acquiring an additional 2,354 shares in the last quarter. Institutional investors and hedge funds own 25.48% of the company’s stock.

Chicago Atlantic Real Estate Finance Price Performance

NASDAQ REFI opened at $14.79 on Friday. The firm has a market capitalization of $309.02 million, a PE ratio of 7.40 and a beta of 0.26. Chicago Atlantic Real Estate Finance, Inc. has a 12 month low of $12.76 and a 12 month high of $16.47. The company’s 50 day simple moving average is $14.83 and its 200 day simple moving average is $15.39.

Chicago Atlantic Real Estate Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 12.71%. The ex-dividend date was Monday, March 31st. Chicago Atlantic Real Estate Finance’s dividend payout ratio is presently 100.00%.

About Chicago Atlantic Real Estate Finance

Chicago Atlantic Real Estate Finance, Inc operates as a commercial real estate finance company in the United States. The company engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its portfolio primarily includes offers senior loans to state-licensed operators in the cannabis industry.