Moody National Bank Trust Division Reduces Holdings in iShares Core U.S. REIT ETF $USRT

Moody National Bank Trust Division lowered its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 28.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,759 shares of the company’s stock after selling 52,084 shares during the quarter. iShares Core U.S. REIT ETF comprises approximately 0.7% of Moody National Bank Trust Division’s investment portfolio, making the stock its 22nd largest holding. Moody National Bank Trust Division’s holdings in iShares Core U.S. REIT ETF were worth $7,334,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of USRT. Northwestern Mutual Wealth Management Co. grew its position in iShares Core U.S. REIT ETF by 9.1% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,748,498 shares of the company’s stock worth $102,672,000 after purchasing an additional 145,652 shares during the last quarter. Glenmede Investment Management LP boosted its stake in shares of iShares Core U.S. REIT ETF by 4.8% during the 3rd quarter. Glenmede Investment Management LP now owns 1,673,789 shares of the company’s stock worth $98,285,000 after acquiring an additional 76,496 shares in the last quarter. Trust Co of Tennessee grew its position in shares of iShares Core U.S. REIT ETF by 8.8% during the 3rd quarter. Trust Co of Tennessee now owns 1,084,369 shares of the company’s stock valued at $63,675,000 after acquiring an additional 87,436 shares during the period. Cerity Partners LLC increased its stake in shares of iShares Core U.S. REIT ETF by 3.7% in the 3rd quarter. Cerity Partners LLC now owns 870,659 shares of the company’s stock valued at $51,125,000 after purchasing an additional 31,328 shares in the last quarter. Finally, Heritage Financial Services LLC raised its holdings in iShares Core U.S. REIT ETF by 5.3% in the 3rd quarter. Heritage Financial Services LLC now owns 778,350 shares of the company’s stock worth $45,705,000 after purchasing an additional 39,470 shares during the period.

iShares Core U.S. REIT ETF Price Performance

iShares Core U.S. REIT ETF stock opened at $58.76 on Wednesday. The stock has a market capitalization of $3.34 billion, a PE ratio of 35.32 and a beta of 1.02. The business has a 50 day simple moving average of $60.66 and a 200-day simple moving average of $58.91. iShares Core U.S. REIT ETF has a 12 month low of $48.47 and a 12 month high of $63.72.

About iShares Core U.S. REIT ETF

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.