SRH REIT Covered Call ETF $SRHR Stake Reduced by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its holdings in SRH REIT Covered Call ETF (NYSEARCA:SRHR) by 26.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,890 shares of the company’s stock after selling 1,775 shares during the quarter. Janney Montgomery Scott LLC owned 0.54% of SRH REIT Covered Call ETF worth $267,000 as of its most recent filing with the SEC.

SRH REIT Covered Call ETF Stock Performance

NYSEARCA:SRHR opened at $55.27 on Tuesday. SRH REIT Covered Call ETF has a 1 year low of $48.37 and a 1 year high of $61.72. The stock has a market cap of $49.74 million, a price-to-earnings ratio of 32.87 and a beta of 0.92. The business has a fifty day moving average of $55.08 and a 200-day moving average of $54.54.

SRH REIT Covered Call ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 26th. Stockholders of record on Thursday, September 25th were paid a $0.3161 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a c) annualized dividend and a dividend yield of 6.9%.

About SRH REIT Covered Call ETF

The SRH REIT Covered Call ETF (SRHR) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed portfolio of publicly traded US REITs, combined with a covered call writing strategy. The funds objective focuses on pursuing total return SRHR was launched on Nov 1, 2023 and is issued by SRH.