Vanguard Capital Wealth Advisors Buys New Shares in iShares U.S. Regional Banks ETF $IAT

Vanguard Capital Wealth Advisors bought a new stake in shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,419 shares of the company’s stock, valued at approximately $524,000.

A number of other large investors also recently added to or reduced their stakes in IAT. Independent Financial Group LLC purchased a new stake in iShares U.S. Regional Banks ETF during the first quarter valued at about $423,000. Lido Advisors LLC purchased a new position in shares of iShares U.S. Regional Banks ETF in the first quarter worth about $10,280,000. Fifth Third Bancorp purchased a new position in shares of iShares U.S. Regional Banks ETF in the first quarter worth about $524,000. Renaissance Technologies LLC increased its holdings in shares of iShares U.S. Regional Banks ETF by 142.4% in the first quarter. Renaissance Technologies LLC now owns 22,300 shares of the company’s stock worth $1,201,000 after buying an additional 13,100 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of iShares U.S. Regional Banks ETF by 23.0% in the 1st quarter. Bank of America Corp DE now owns 521,170 shares of the company’s stock valued at $28,060,000 after acquiring an additional 97,510 shares during the last quarter.

iShares U.S. Regional Banks ETF Price Performance

Shares of IAT stock opened at $60.82 on Wednesday. The stock has a market capitalization of $644.69 million, a PE ratio of 12.39 and a beta of 0.88. iShares U.S. Regional Banks ETF has a 1-year low of $47.37 and a 1-year high of $66.15. The business has a 50-day moving average of $63.41 and a 200 day moving average of $59.17.

iShares U.S. Regional Banks ETF Profile

The iShares U.S. Regional Banks ETF (IAT) is an exchange-traded fund that is based on the DJ US Select \u002F Regional Banks index. The fund tracks the performance of an index of small- and mid-cap regional banks. IAT was launched on May 1, 2006 and is managed by BlackRock.