Schwarz Dygos Wheeler Investment Advisors LLC Has $2.45 Million Position in Gladstone Land Co. (NASDAQ:LAND)

Schwarz Dygos Wheeler Investment Advisors LLC reduced its stake in Gladstone Land Co. (NASDAQ:LAND) by 1.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 169,349 shares of the real estate investment trust’s stock after selling 3,316 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC owned about 0.47% of Gladstone Land worth $2,447,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in Gladstone Land by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 3,475,939 shares of the real estate investment trust’s stock worth $49,463,000 after purchasing an additional 21,581 shares during the last quarter. SG Americas Securities LLC raised its holdings in Gladstone Land by 26.6% during the 4th quarter. SG Americas Securities LLC now owns 18,873 shares of the real estate investment trust’s stock worth $273,000 after purchasing an additional 3,962 shares during the last quarter. OneAscent Financial Services LLC bought a new position in Gladstone Land during the 4th quarter worth approximately $170,000. Graham Capital Management L.P. raised its holdings in Gladstone Land by 18.5% during the 3rd quarter. Graham Capital Management L.P. now owns 17,674 shares of the real estate investment trust’s stock worth $252,000 after purchasing an additional 2,757 shares during the last quarter. Finally, Barclays PLC raised its holdings in Gladstone Land by 55.7% during the 3rd quarter. Barclays PLC now owns 38,851 shares of the real estate investment trust’s stock worth $553,000 after purchasing an additional 13,896 shares during the last quarter. 53.60% of the stock is currently owned by institutional investors and hedge funds.

Gladstone Land Trading Up 0.3 %

Gladstone Land stock traded up $0.04 during mid-day trading on Friday, hitting $12.68. 108,262 shares of the stock were exchanged, compared to its average volume of 176,392. The firm’s fifty day simple moving average is $12.99 and its two-hundred day simple moving average is $13.73. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.80. Gladstone Land Co. has a 12 month low of $12.31 and a 12 month high of $17.48.

Gladstone Land Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Wednesday, June 19th will be paid a $0.0466 dividend. The ex-dividend date is Tuesday, June 18th. This represents a $0.56 annualized dividend and a dividend yield of 4.41%. Gladstone Land’s dividend payout ratio is currently -207.41%.

About Gladstone Land

Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion.