iShares US Real Estate ETF (NYSEARCA:IYR) Shares Bought by Hutchens Investment Management Inc

Hutchens Investment Management Inc increased its stake in shares of iShares US Real Estate ETF (NYSEARCA:IYR) by 23.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,000 shares of the real estate investment trust’s stock after acquiring an additional 1,500 shares during the quarter. Hutchens Investment Management Inc’s holdings in iShares US Real Estate ETF were worth $648,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. XR Securities LLC acquired a new position in iShares US Real Estate ETF during the 4th quarter worth approximately $858,000. Washington Trust Bank purchased a new position in shares of iShares US Real Estate ETF during the 4th quarter valued at $3,128,000. Steward Partners Investment Advisory LLC purchased a new position in shares of iShares US Real Estate ETF during the 3rd quarter valued at $554,000. Cetera Advisor Networks LLC lifted its position in shares of iShares US Real Estate ETF by 2.6% during the 3rd quarter. Cetera Advisor Networks LLC now owns 149,025 shares of the real estate investment trust’s stock valued at $11,909,000 after buying an additional 3,730 shares during the last quarter. Finally, Cetera Advisors LLC lifted its position in shares of iShares US Real Estate ETF by 35.3% during the 3rd quarter. Cetera Advisors LLC now owns 24,895 shares of the real estate investment trust’s stock valued at $1,994,000 after buying an additional 6,498 shares during the last quarter.

Shares of iShares US Real Estate ETF (IYR) traded up $0.04 during midday trading on Wednesday, hitting $77.21. The stock had a trading volume of 9,984,500 shares, compared to its average volume of 8,159,600. iShares US Real Estate ETF has a 1 year low of $76.08 and a 1 year high of $83.27. The stock has a market cap of $3,920.00 and a PE ratio of 8.53.

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Wednesday, December 20th were given a dividend of $0.8703 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 4.51%. The ex-dividend date of this dividend was Tuesday, December 19th. This is a boost from iShares US Real Estate ETF’s previous quarterly dividend of $0.68. iShares US Real Estate ETF’s dividend payout ratio is currently 33.37%.

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iShares US Real Estate ETF Profile

iShares U.S. Real Estate ETF, formerly iShares Dow Jones U.S. Real Estate Index Fund (the Fund), is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market, and includes companies in the industry groups, such as real estate holding and development and real estate investment trusts (REITs).

Institutional Ownership by Quarter for iShares US Real Estate ETF (NYSEARCA:IYR)

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