Charles Schwab Investment Advisory Inc. Sells 91,095 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Charles Schwab Investment Advisory Inc. cut its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 3.4% during the 1st quarter, HoldingsChannel.com reports. The fund owned 2,596,716 shares of the company’s stock after selling 91,095 shares during the period. Charles Schwab Investment Advisory Inc. owned approximately 0.06% of iShares Core U.S. REIT ETF worth $139,703,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. US Bancorp DE raised its stake in iShares Core U.S. REIT ETF by 31.6% during the 4th quarter. US Bancorp DE now owns 2,368,681 shares of the company’s stock valued at $128,596,000 after buying an additional 568,833 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in iShares Core U.S. REIT ETF during the 4th quarter valued at $23,209,000. Legacy Financial Group LLC raised its stake in iShares Core U.S. REIT ETF by 2,019.9% during the 1st quarter. Legacy Financial Group LLC now owns 253,774 shares of the company’s stock valued at $13,653,000 after buying an additional 241,803 shares during the last quarter. Schroder Investment Management Group raised its stake in iShares Core U.S. REIT ETF by 217.6% during the 4th quarter. Schroder Investment Management Group now owns 270,000 shares of the company’s stock valued at $14,658,000 after buying an additional 185,000 shares during the last quarter. Finally, Fiducient Advisors LLC raised its stake in iShares Core U.S. REIT ETF by 25.1% during the 4th quarter. Fiducient Advisors LLC now owns 805,668 shares of the company’s stock valued at $43,740,000 after buying an additional 161,645 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Down 0.9 %

USRT traded down $0.51 during mid-day trading on Thursday, reaching $56.55. 251,223 shares of the company traded hands, compared to its average volume of 232,813. The stock has a market capitalization of $2.47 billion, a P/E ratio of 26.47 and a beta of 0.97. The company’s fifty day moving average price is $53.02 and its 200-day moving average price is $52.64. iShares Core U.S. REIT ETF has a 52-week low of $43.76 and a 52-week high of $57.78.

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.