Boston Standard Wealth Management LLC Acquires 690,979 Shares of iShares Global REIT ETF $REET

Boston Standard Wealth Management LLC acquired a new stake in iShares Global REIT ETF (NYSEARCA:REET) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 690,979 shares of the company’s stock, valued at approximately $17,813,000. iShares Global REIT ETF accounts for 2.6% of Boston Standard Wealth Management LLC’s investment portfolio, making the stock its 13th largest position.

Several other large investors have also recently made changes to their positions in REET. Polianta Ltd raised its stake in shares of iShares Global REIT ETF by 4.6% during the 2nd quarter. Polianta Ltd now owns 4,427,000 shares of the company’s stock worth $122,273,000 after purchasing an additional 194,000 shares during the period. SeedSafe Financial LLC bought a new position in iShares Global REIT ETF during the second quarter valued at about $741,000. Corient Private Wealth LLC increased its holdings in iShares Global REIT ETF by 289.1% during the fourth quarter. Corient Private Wealth LLC now owns 331,374 shares of the company’s stock worth $8,268,000 after buying an additional 246,215 shares during the last quarter. Fiduciary Financial Group LLC increased its holdings in iShares Global REIT ETF by 13.5% during the second quarter. Fiduciary Financial Group LLC now owns 239,851 shares of the company’s stock worth $6,625,000 after buying an additional 28,551 shares during the last quarter. Finally, Trust Co. of Vermont bought a new stake in iShares Global REIT ETF in the second quarter worth about $857,000.

iShares Global REIT ETF Stock Performance

REET traded down $0.34 during midday trading on Wednesday, reaching $25.40. The company had a trading volume of 2,305,490 shares, compared to its average volume of 2,364,469. The stock has a market cap of $4.59 billion, a PE ratio of 29.27 and a beta of 0.91. iShares Global REIT ETF has a 12-month low of $24.65 and a 12-month high of $29.06. The business has a 50-day moving average price of $27.27 and a two-hundred day moving average price of $27.18.

iShares Global REIT ETF Company Profile

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.