Canandaigua National Bank & Trust Co. Makes New Investment in iShares Core U.S. REIT ETF $USRT

Canandaigua National Bank & Trust Co. purchased a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 115,955 shares of the company’s stock, valued at approximately $7,705,000. Canandaigua National Bank & Trust Co. owned approximately 0.18% of iShares Core U.S. REIT ETF at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Morgan Stanley grew its holdings in shares of iShares Core U.S. REIT ETF by 110.7% during the fourth quarter. Morgan Stanley now owns 2,164,347 shares of the company’s stock worth $123,281,000 after buying an additional 1,136,903 shares in the last quarter. Glenmede Trust Co. NA boosted its position in iShares Core U.S. REIT ETF by 12.6% during the 1st quarter. Glenmede Trust Co. NA now owns 1,965,268 shares of the company’s stock worth $116,324,000 after acquiring an additional 219,237 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares Core U.S. REIT ETF by 5.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,841,087 shares of the company’s stock worth $104,868,000 after acquiring an additional 92,589 shares during the last quarter. Trust Co of Tennessee grew its stake in shares of iShares Core U.S. REIT ETF by 2.1% during the 4th quarter. Trust Co of Tennessee now owns 1,107,489 shares of the company’s stock worth $63,082,000 after acquiring an additional 23,120 shares in the last quarter. Finally, Heritage Financial Services LLC grew its stake in shares of iShares Core U.S. REIT ETF by 11.5% during the 4th quarter. Heritage Financial Services LLC now owns 867,698 shares of the company’s stock worth $49,424,000 after acquiring an additional 89,348 shares in the last quarter.

iShares Core U.S. REIT ETF Stock Down 0.5%

NYSEARCA USRT opened at $67.59 on Wednesday. iShares Core U.S. REIT ETF has a 12-month low of $55.44 and a 12-month high of $70.09. The company has a market capitalization of $4.64 billion, a PE ratio of 35.32 and a beta of 0.96. The firm’s 50 day moving average is $66.78 and its 200-day moving average is $63.54.

iShares Core U.S. REIT ETF Company 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.