Asset Dedication LLC Lowers Stock Holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Asset Dedication LLC cut its holdings in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 2.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,337 shares of the company’s stock after selling 379 shares during the period. Asset Dedication LLC’s holdings in iShares Core U.S. REIT ETF were worth $821,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Opal Wealth Advisors LLC purchased a new stake in iShares Core U.S. REIT ETF during the 2nd quarter worth approximately $26,000. Atwood & Palmer Inc. purchased a new stake in shares of iShares Core U.S. REIT ETF during the second quarter worth $27,000. Ridgewood Investments LLC purchased a new stake in shares of iShares Core U.S. REIT ETF during the second quarter worth $33,000. Fairscale Capital LLC acquired a new stake in shares of iShares Core U.S. REIT ETF in the second quarter valued at $51,000. Finally, Concourse Financial Group Securities Inc. purchased a new position in iShares Core U.S. REIT ETF in the first quarter valued at $100,000.

iShares Core U.S. REIT ETF Price Performance

Shares of NYSEARCA USRT opened at $61.83 on Thursday. The company has a market cap of $2.70 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97. The stock’s 50-day moving average is $60.31 and its two-hundred day moving average is $55.58. iShares Core U.S. REIT ETF has a 1-year low of $43.76 and a 1-year high of $62.94.

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.