Northwestern Mutual Wealth Management Co. Sells 1,653,780 Shares of iShares Core U.S. REIT ETF $USRT

Northwestern Mutual Wealth Management Co. reduced its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 94.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 94,718 shares of the company’s stock after selling 1,653,780 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.17% of iShares Core U.S. REIT ETF worth $5,395,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Blueprint Financial Advisors LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 18.2% in the third quarter. Blueprint Financial Advisors LLC now owns 84,094 shares of the company’s stock valued at $4,938,000 after buying an additional 12,927 shares during the period. Tectonic Advisors LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 17.6% in the fourth quarter. Tectonic Advisors LLC now owns 229,606 shares of the company’s stock valued at $13,078,000 after buying an additional 34,300 shares during the period. HighTower Advisors LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 21.9% in the third quarter. HighTower Advisors LLC now owns 523,132 shares of the company’s stock valued at $30,719,000 after buying an additional 93,867 shares during the period. Disciplina Capital Management LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 3.0% in the third quarter. Disciplina Capital Management LLC now owns 686,085 shares of the company’s stock valued at $40,287,000 after buying an additional 20,167 shares during the period. Finally, Naviter Wealth LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 55.7% in the fourth quarter. Naviter Wealth LLC now owns 62,871 shares of the company’s stock valued at $3,581,000 after buying an additional 22,498 shares during the period.

iShares Core U.S. REIT ETF Trading Up 0.2%

Shares of USRT stock opened at $65.49 on Friday. The stock has a market cap of $3.83 billion, a P/E ratio of 35.32 and a beta of 0.99. The stock has a 50 day simple moving average of $62.41 and a 200 day simple moving average of $60.20. iShares Core U.S. REIT ETF has a 1 year low of $55.19 and a 1 year high of $65.77.

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.