Harrison Street Real Assets Fund LLC, a 10% owner of 2023 ETF Series Trust (NFRX), acquired a significant stake in the company on August 4, 2026. The entity purchased 372,856 shares of NFRX for approximately $10 million, with each share costing $26.82.

This substantial insider purchase is often viewed as a bullish signal, suggesting the buyer's confidence in the company's future performance. The transaction represents a notable increase in Harrison Street Real Assets Fund LLC's holdings within 2023 ETF Series Trust.