ALPS REIT Dividend Dogs ETF jumps 4.3% on REIT M&A activity and strong sector returns

The ALPS REIT Dividend Dogs ETF (RDOG) gained 4.3% last week, leading all ALPS funds, driven by merger and acquisition activity in the real estate investment trust (REIT) sector. Key holdings like SBA Communications and Crown Castle surged due to takeover interest and restructuring plans, while other REITs also rallied on acquisition news and strong rent growth. The fund's strategy targets high-yield REITs often trading at discounts, positioning it well to benefit from M&A deals. This outperformance occurred amid broader real estate sector gains supported by lower interest rates improving financing conditions for property companies.