Insider Buying Boosts Holdings in Kingsbarn Dividend Opportunity ETF
ByAinvest
Monday, Oct 6, 2025 10:48 am ET1min read
GPMT--
In its third-quarter business update, GPMT reported progress in resolving nonperforming loans and repositioning its portfolio. The company received a $3.4 million partial paydown on a loan secured by an office and retail property in Chicago, IL, reducing the loan's unpaid principal balance by $79.7 million to $76.3 million. The office portion of the property was sold, and the net sale proceeds were applied to the outstanding principal balance, which is now secured by the retail portion of the property [1].
GPMT also resolved a loan secured by a student housing property in Louisville, KY, resulting in a $19.3 million write-off. This resolution led to a GAAP benefit from provision for credit losses of approximately $3.3 million. The company extended the maturity of its secured credit facility to December 2026 and reduced the financing spread by 75 basis points, lowering borrowings by $7.5 million [1].
Separately, insiders at GPMT have been active in the market, with two directors and officers purchasing shares of the Kingsbarn Dividend Opportunity ETF (DVDN) in the past six months. These purchases totaled $230,556 worth of GPMT shares, representing a 13.7% stake in the ETF .
Insiders have purchased 13.7% of the holdings in the Kingsbarn Dividend Opportunity ETF (DVDN), with Granite Point Mortgage Trust Inc (GPMT) being the #9 largest holding. Two directors and officers of GPMT have purchased shares in the past six months, totaling $230,556 worth of GPMT.
Granite Point Mortgage Trust Inc. (GPMT), a Maryland-based commercial mortgage investment firm, has announced its third-quarter 2025 dividends and provided an update on its business performance. The company's Board of Directors declared a quarterly cash dividend of $0.05 per share of common stock, payable on October 15, 2025, to shareholders of record as of October 1, 2025. Additionally, a quarterly cash dividend of $0.4375 per share of the 7.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock was also declared, payable on the same date to holders of record as of October 1, 2025 [1].In its third-quarter business update, GPMT reported progress in resolving nonperforming loans and repositioning its portfolio. The company received a $3.4 million partial paydown on a loan secured by an office and retail property in Chicago, IL, reducing the loan's unpaid principal balance by $79.7 million to $76.3 million. The office portion of the property was sold, and the net sale proceeds were applied to the outstanding principal balance, which is now secured by the retail portion of the property [1].
GPMT also resolved a loan secured by a student housing property in Louisville, KY, resulting in a $19.3 million write-off. This resolution led to a GAAP benefit from provision for credit losses of approximately $3.3 million. The company extended the maturity of its secured credit facility to December 2026 and reduced the financing spread by 75 basis points, lowering borrowings by $7.5 million [1].
Separately, insiders at GPMT have been active in the market, with two directors and officers purchasing shares of the Kingsbarn Dividend Opportunity ETF (DVDN) in the past six months. These purchases totaled $230,556 worth of GPMT shares, representing a 13.7% stake in the ETF .

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