NFRX 10% Owner Harrison Street Real Assets Buys 372,856 Shares

What Happened Harrison Street Real Assets Fund LLC, a reported 10% owner of 2023 ETF Series Trust (ticker NFRX), acquired 372,856 shares on 2026-08-04. The transaction was coded as a purchase (P) at $26.82 per share, for a total reported value of $9,999,998. This was an open-market or private purchase as noted on the Form 4.

Key Details

• Transaction date: 2026-08-04; Price: $26.82 per share; Shares acquired: 372,856; Total value: $9,999,998.
• Transaction code: P (Purchase) — open market or private purchase.
• Shares owned after transaction: not specified in the filing.
• Footnotes/conditions: none reported on the Form 4 (no 10b5‑1 plan, tax withholding, or immediate resale noted).
• Filing date: 2026-08-05 (filed the next day) — appears timely, not late.

Context This filing reports activity by a 10% owner (an institutional holder), not an executive or director; such purchases can reflect fund-level allocation decisions rather than individual insider sentiment. Purchases are often viewed as more informative than routine sales, but the Form 4 alone does not explain the buyer’s motivation or whether this is part of broader fund activity.