Rockbridge Investment Management LCC Has $16.03 Million Position in iShares Core U.S. REIT ETF $USRT

Rockbridge Investment Management LCC raised its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 3.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 273,034 shares of the company’s stock after buying an additional 8,094 shares during the quarter. iShares Core U.S. REIT ETF comprises approximately 1.6% of Rockbridge Investment Management LCC’s investment portfolio, making the stock its 13th biggest position. Rockbridge Investment Management LCC’s holdings in iShares Core U.S. REIT ETF were worth $16,033,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its stake in iShares Core U.S. REIT ETF by 4.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,602,846 shares of the company’s stock valued at $90,657,000 after purchasing an additional 69,516 shares in the last quarter. Trust Co of Tennessee grew its stake in iShares Core U.S. REIT ETF by 8.8% during the third quarter. Trust Co of Tennessee now owns 1,084,369 shares of the company’s stock worth $63,675,000 after buying an additional 87,436 shares in the last quarter. Cerity Partners LLC increased its holdings in iShares Core U.S. REIT ETF by 3.7% in the 3rd quarter. Cerity Partners LLC now owns 870,659 shares of the company’s stock valued at $51,125,000 after buying an additional 31,328 shares during the period. Heritage Financial Services LLC raised its position in shares of iShares Core U.S. REIT ETF by 5.3% in the 3rd quarter. Heritage Financial Services LLC now owns 778,350 shares of the company’s stock valued at $45,705,000 after buying an additional 39,470 shares in the last quarter. Finally, Rakuten Investment Management Inc. bought a new stake in shares of iShares Core U.S. REIT ETF during the 3rd quarter worth approximately $43,229,000.

iShares Core U.S. REIT ETF Price Performance

Shares of NYSEARCA:USRT opened at $63.20 on Monday. iShares Core U.S. REIT ETF has a 1 year low of $48.47 and a 1 year high of $63.72. The stock has a market capitalization of $3.60 billion, a price-to-earnings ratio of 35.32 and a beta of 1.02. The company’s 50 day simple moving average is $59.31 and its 200 day simple moving average is $58.47.

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.