YHB Investment Advisors Inc. Trims Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

YHB Investment Advisors Inc. reduced its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 6.0% during the third quarter, Holdings Channel reports. The firm owned 6,349 shares of the company’s stock after selling 407 shares during the quarter. YHB Investment Advisors Inc.’s holdings in iShares Core U.S. REIT ETF were worth $391,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in USRT. Trust Co of Tennessee bought a new position in shares of iShares Core U.S. REIT ETF in the 2nd quarter worth approximately $61,055,000. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Core U.S. REIT ETF by 5.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,093,235 shares of the company’s stock worth $58,554,000 after purchasing an additional 58,262 shares in the last quarter. Heritage Financial Services LLC lifted its position in iShares Core U.S. REIT ETF by 7.6% during the second quarter. Heritage Financial Services LLC now owns 715,170 shares of the company’s stock valued at $38,305,000 after buying an additional 50,814 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of iShares Core U.S. REIT ETF by 32.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 650,759 shares of the company’s stock valued at $34,855,000 after buying an additional 158,072 shares in the last quarter. Finally, Choreo LLC increased its stake in shares of iShares Core U.S. REIT ETF by 1.3% in the 2nd quarter. Choreo LLC now owns 569,293 shares of the company’s stock worth $30,213,000 after acquiring an additional 7,150 shares in the last quarter.

iShares Core U.S. REIT ETF Price Performance

NYSEARCA:USRT opened at $61.31 on Friday. The firm has a market capitalization of $2.67 billion, a P/E ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a one year low of $43.76 and a one year high of $62.94. The company’s 50-day simple moving average is $60.73 and its 200 day simple moving average is $55.93.

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.