Neuberger Berman Group LLC lessened its holdings in iShares US Real Estate ETF (NYSEARCA:IYR) by 2.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 57,467 shares of the real estate investment trust’s stock after selling 1,369 shares during the quarter. Neuberger Berman Group LLC owned about 0.11% of iShares US Real Estate ETF worth $4,590,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of the company. Bristlecone Advisors LLC bought a new position in iShares US Real Estate ETF in the third quarter worth approximately $106,000. Fiduciary Trust Co. bought a new position in iShares US Real Estate ETF in the second quarter worth approximately $108,000. IndexIQ Advisors LLC bought a new stake in shares of iShares US Real Estate ETF during the 3rd quarter valued at $170,000. B. Riley Financial Inc. bought a new stake in shares of iShares US Real Estate ETF during the 3rd quarter valued at $202,000. Finally, Good Life Advisors LLC bought a new stake in shares of iShares US Real Estate ETF during the 2nd quarter valued at $215,000.
Shares of iShares US Real Estate ETF (NYSEARCA:IYR) opened at $76.96 on Friday. The company has a market cap of $3,990.00 and a price-to-earnings ratio of 8.50. iShares US Real Estate ETF has a 52-week low of $76.08 and a 52-week high of $83.27.
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Wednesday, December 20th were paid a dividend of $0.8703 per share. This represents a $3.48 annualized dividend and a yield of 4.52%. This is a boost from iShares US Real Estate ETF’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend was Tuesday, December 19th. iShares US Real Estate ETF’s dividend payout ratio (DPR) is presently 33.37%.
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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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