Trust Co. of Vermont Makes New $857,000 Investment in iShares Global REIT ETF $REET

Trust Co. of Vermont purchased a new position in shares of iShares Global REIT ETF (NYSEARCA:REET) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 31,020 shares of the company’s stock, valued at approximately $857,000.

Several other institutional investors have also modified their holdings of REET. SHP Wealth Management bought a new stake in iShares Global REIT ETF during the 4th quarter worth approximately $25,000. International Assets Investment Management LLC bought a new position in iShares Global REIT ETF in the fourth quarter valued at approximately $26,000. Mascoma Wealth Management LLC bought a new position in iShares Global REIT ETF in the first quarter valued at approximately $33,000. EFG International AG acquired a new position in shares of iShares Global REIT ETF in the fourth quarter valued at approximately $50,000. Finally, Operose Advisors LLC boosted its holdings in shares of iShares Global REIT ETF by 211.1% in the fourth quarter. Operose Advisors LLC now owns 2,122 shares of the company’s stock valued at $53,000 after buying an additional 1,440 shares during the period.

iShares Global REIT ETF Stock Down 0.3%

Shares of REET stock opened at $27.88 on Wednesday. iShares Global REIT ETF has a 12-month low of $24.65 and a 12-month high of $29.06. The firm has a fifty day moving average of $28.00 and a 200-day moving average of $27.09. The company has a market capitalization of $5.04 billion, a price-to-earnings ratio of 29.27 and a beta of 0.92.

About iShares Global REIT ETF

The iShares Global REIT ETF (REET) is an exchange-traded fund that is based on the FTSE EPRA Nareit Global REITs index, a global, market-cap-weighted index of firms involved in the ownership and operation of real estate. REET was launched on Jul 8, 2014 and is managed by BlackRock.