Candriam Luxembourg S.C.A. Cuts Stake in iShares US Real Estate ETF (IYR)

Candriam Luxembourg S.C.A. cut its position in iShares US Real Estate ETF (NYSEARCA:IYR) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 84,437 shares of the real estate investment trust’s stock after selling 2,559 shares during the period. Candriam Luxembourg S.C.A.’s holdings in iShares US Real Estate ETF were worth $6,327,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in shares of iShares US Real Estate ETF by 6,534.4% in the third quarter. JPMorgan Chase & Co. now owns 4,379,725 shares of the real estate investment trust’s stock worth $350,465,000 after buying an additional 4,313,710 shares during the last quarter. Lockheed Martin Investment Management Co. boosted its stake in shares of iShares US Real Estate ETF by 13.4% in the fourth quarter. Lockheed Martin Investment Management Co. now owns 1,756,800 shares of the real estate investment trust’s stock worth $131,655,000 after buying an additional 207,000 shares during the last quarter. Credit Suisse AG boosted its stake in shares of iShares US Real Estate ETF by 121.9% in the third quarter. Credit Suisse AG now owns 765,027 shares of the real estate investment trust’s stock worth $61,218,000 after buying an additional 420,247 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of iShares US Real Estate ETF by 5.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 499,010 shares of the real estate investment trust’s stock worth $37,396,000 after buying an additional 26,976 shares during the last quarter. Finally, Foundations Investment Advisors LLC purchased a new stake in shares of iShares US Real Estate ETF in the fourth quarter worth about $41,574,000.

Shares of IYR opened at $86.40 on Friday. iShares US Real Estate ETF has a 52 week low of $71.41 and a 52 week high of $86.45.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st will be paid a $0.603 dividend. This is an increase from iShares US Real Estate ETF’s previous quarterly dividend of $0.47. The ex-dividend date is Wednesday, March 20th. This represents a $2.41 dividend on an annualized basis and a dividend yield of 2.79%.

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iShares US Real Estate ETF Company Profile

iShares U.S. Real Estate ETF, formerly iShares Dow Jones U.S. Real Estate Index Fund (the Fund), is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market, and includes companies in the industry groups, such as real estate holding and development and real estate investment trusts (REITs).

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Institutional Ownership by Quarter for iShares US Real Estate ETF (NYSEARCA:IYR)

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