Raymond James & Associates Has $291,000 Stake in iShares Global REIT ETF (REET)

Raymond James & Associates trimmed its stake in iShares Global REIT ETF (NYSEARCA:REET) by 25.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,325 shares of the company’s stock after selling 3,947 shares during the quarter. Raymond James & Associates’ holdings in iShares Global REIT ETF were worth $291,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BB&T Securities LLC raised its holdings in shares of iShares Global REIT ETF by 6.8% in the second quarter. BB&T Securities LLC now owns 76,814 shares of the company’s stock worth $1,971,000 after acquiring an additional 4,917 shares during the last quarter. Partners Capital Investment Group LLP grew its position in shares of iShares Global REIT ETF by 8.5% in the second quarter. Partners Capital Investment Group LLP now owns 670,996 shares of the company’s stock valued at $17,218,000 after purchasing an additional 52,502 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Global REIT ETF by 25.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 76,550 shares of the company’s stock valued at $1,964,000 after purchasing an additional 15,325 shares during the period. BlackRock Inc. grew its position in shares of iShares Global REIT ETF by 6.3% in the second quarter. BlackRock Inc. now owns 854,304 shares of the company’s stock valued at $21,922,000 after purchasing an additional 50,530 shares during the period. Finally, Gradient Investments LLC grew its position in shares of iShares Global REIT ETF by 12.8% in the second quarter. Gradient Investments LLC now owns 608,726 shares of the company’s stock valued at $15,620,000 after purchasing an additional 69,258 shares during the period.

Shares of NYSEARCA:REET opened at $24.65 on Wednesday. iShares Global REIT ETF has a 52 week low of $23.40 and a 52 week high of $26.68.



The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 2nd. Stockholders of record on Thursday, September 27th were given a $0.5191 dividend. The ex-dividend date was Wednesday, September 26th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 8.42%. This is an increase from iShares Global REIT ETF’s previous quarterly dividend of $0.32.

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Institutional Ownership by Quarter for iShares Global REIT ETF (NYSEARCA:REET)

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