Topel & Distasi Wealth Management LLC Sells 10,588 Shares of iShares Core U.S. REIT ETF $USRT

Topel & Distasi Wealth Management LLC lowered its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 12.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 71,352 shares of the company’s stock after selling 10,588 shares during the period. iShares Core U.S. REIT ETF makes up 2.1% of Topel & Distasi Wealth Management LLC’s investment portfolio, making the stock its 14th largest position. Topel & Distasi Wealth Management LLC’s holdings in iShares Core U.S. REIT ETF were worth $4,036,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of USRT. Harbour Investments Inc. raised its stake in iShares Core U.S. REIT ETF by 150.8% in the second quarter. Harbour Investments Inc. now owns 820 shares of the company’s stock valued at $46,000 after purchasing an additional 493 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of iShares Core U.S. REIT ETF in the 1st quarter worth $60,000. Tidemark LLC increased its holdings in shares of iShares Core U.S. REIT ETF by 218.5% in the 1st quarter. Tidemark LLC now owns 1,567 shares of the company’s stock worth $90,000 after buying an additional 1,075 shares during the last quarter. CWM LLC raised its position in shares of iShares Core U.S. REIT ETF by 160.8% during the 1st quarter. CWM LLC now owns 1,677 shares of the company’s stock valued at $97,000 after buying an additional 1,034 shares in the last quarter. Finally, Bangor Savings Bank raised its position in shares of iShares Core U.S. REIT ETF by 50.0% during the 2nd quarter. Bangor Savings Bank now owns 2,220 shares of the company’s stock valued at $126,000 after buying an additional 740 shares in the last quarter.

iShares Core U.S. REIT ETF Stock Performance

NYSEARCA USRT opened at $58.53 on Monday. iShares Core U.S. REIT ETF has a 52-week low of $48.47 and a 52-week high of $63.22. The company has a fifty day moving average of $58.29 and a 200-day moving average of $57.34. The company has a market capitalization of $3.18 billion, a P/E ratio of 35.32 and a beta of 1.02.

iShares Core U.S. REIT ETF Profile

The iShares Core U.S. REIT ETF (USRT) is an exchange-traded fund that is based on the FTSE Nareit \u002F Equity REITs – INV index, a market-cap-weighted index of US-listed REITs USRT was launched on May 1, 2007 and is managed by BlackRock.