Truist Financial Corp Raises Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Truist Financial Corp boosted its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 135.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,290 shares of the company’s stock after purchasing an additional 17,429 shares during the period. Truist Financial Corp owned approximately 0.07% of iShares Core U.S. REIT ETF worth $1,736,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James & Associates boosted its holdings in iShares Core U.S. REIT ETF by 2.1% during the 3rd quarter. Raymond James & Associates now owns 122,150 shares of the company’s stock valued at $7,521,000 after acquiring an additional 2,454 shares during the period. Private Advisor Group LLC bought a new stake in iShares Core U.S. REIT ETF in the third quarter valued at approximately $203,000. Fiducient Advisors LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 15.4% during the third quarter. Fiducient Advisors LLC now owns 272,790 shares of the company’s stock valued at $16,796,000 after purchasing an additional 36,377 shares during the period. US Bancorp DE grew its holdings in shares of iShares Core U.S. REIT ETF by 1.5% in the third quarter. US Bancorp DE now owns 2,687,948 shares of the company’s stock worth $165,497,000 after purchasing an additional 39,016 shares during the last quarter. Finally, IRON Financial LLC bought a new position in shares of iShares Core U.S. REIT ETF in the third quarter worth approximately $224,000.

iShares Core U.S. REIT ETF Stock Up 0.4 %

NYSEARCA:USRT opened at $59.54 on Friday. The firm has a market capitalization of $2.88 billion, a P/E ratio of 33.02 and a beta of 1.09. The company has a fifty day moving average of $57.77 and a 200 day moving average of $59.56. iShares Core U.S. REIT ETF has a 52 week low of $49.12 and a 52 week high of $63.22.

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.