Trust Co. of Vermont Has $247,000 Position in iShares Global REIT ETF $REET

Trust Co. of Vermont raised its stake in iShares Global REIT ETF (NYSEARCA:REET) by 150.7% during the second quarter, HoldingsChannel reports. The institutional investor owned 10,007 shares of the company’s stock after acquiring an additional 6,016 shares during the period. Trust Co. of Vermont’s holdings in iShares Global REIT ETF were worth $247,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in REET. Twelve Points Wealth Management LLC boosted its holdings in iShares Global REIT ETF by 5.6% in the second quarter. Twelve Points Wealth Management LLC now owns 20,235 shares of the company’s stock valued at $500,000 after acquiring an additional 1,068 shares during the last quarter. AdvisorNet Financial Inc lifted its position in shares of iShares Global REIT ETF by 15.9% in the 2nd quarter. AdvisorNet Financial Inc now owns 4,187 shares of the company’s stock worth $103,000 after purchasing an additional 573 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in shares of iShares Global REIT ETF by 2.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 22,564 shares of the company’s stock valued at $547,000 after purchasing an additional 557 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of iShares Global REIT ETF by 231.7% during the first quarter. Farther Finance Advisors LLC now owns 4,826 shares of the company’s stock worth $117,000 after buying an additional 3,371 shares during the period. Finally, Focus Partners Wealth increased its position in shares of iShares Global REIT ETF by 202.4% during the first quarter. Focus Partners Wealth now owns 234,830 shares of the company’s stock worth $5,697,000 after buying an additional 157,181 shares during the period.

iShares Global REIT ETF Stock Down 0.4%

REET stock opened at $25.53 on Friday. The firm has a market cap of $4.03 billion, a price-to-earnings ratio of 29.27 and a beta of 0.93. iShares Global REIT ETF has a 12-month low of $20.96 and a 12-month high of $26.54. The company’s fifty day simple moving average is $25.21 and its 200 day simple moving average is $24.62.

About iShares Global REIT ETF

The iShares Global REIT ETF (REET) is an exchange-traded fund that is based on the FTSE EPRA Nareit Global REITs index, a global, market-cap-weighted index of firms involved in the ownership and operation of real estate. REET was launched on Jul 8, 2014 and is managed by BlackRock.