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Hoya Capital Real Estate launched the Hoya Capital High Dividend Yield ETF (Ticker: RIET) on September 22, 2021, aimed at providing diversified exposure to 100 high dividend-yielding real estate securities in the U.S.
As of August 31, 2021, the RIET Index boasts a 6.70% dividend yield, with the ETF expecting monthly distributions. The launch follows the successful Hoya Capital Housing ETF (Ticker: HOMZ), which surpassed $80 million in assets. A fee waiver reduces the net expense ratio to 0.25% until September 30, 2022, providing immediate value to investors.
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