HBW Advisory Services LLC bought a new stake in shares of iShares Global REIT ETF (NYSEARCA:REET) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,290 shares of the company’s stock, valued at approximately $400,000.
Other hedge funds also recently modified their holdings of the company. Brand Asset Management Group Inc. purchased a new stake in iShares Global REIT ETF during the 2nd quarter valued at about $26,000. AdvisorNet Financial Inc lifted its holdings in iShares Global REIT ETF by 142.8% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,413 shares of the company’s stock worth $38,000 after buying an additional 831 shares during the period. Coastal Investment Advisors Inc. lifted its holdings in iShares Global REIT ETF by 259.6% in the 2nd quarter. Coastal Investment Advisors Inc. now owns 3,693 shares of the company’s stock worth $98,000 after buying an additional 2,666 shares during the period. Baker Ellis Asset Management LLC purchased a new stake in iShares Global REIT ETF in the 2nd quarter worth approximately $117,000. Finally, SevenBridge Financial Group LLC purchased a new stake in iShares Global REIT ETF in the 2nd quarter worth approximately $145,000.
NYSEARCA REET traded up $0.13 on Friday, hitting $28.25. The company’s stock had a trading volume of 200 shares, compared to its average volume of 331,464. iShares Global REIT ETF has a 52-week low of $22.73 and a 52-week high of $28.23. The company’s 50-day simple moving average is $27.78 and its 200 day simple moving average is $27.08.
The firm also recently disclosed a — dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a $0.2583 dividend. This represents a yield of 4.7%. The ex-dividend date was Tuesday, September 24th.
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