53,049 Shares in iShares Global REIT ETF (REET) Purchased by Sumitomo Mitsui Asset Management Company LTD

Sumitomo Mitsui Asset Management Company LTD purchased a new stake in iShares Global REIT ETF (NYSEARCA:REET) in the third quarter, HoldingsChannel.com reports. The institutional investor purchased 53,049 shares of the company’s stock, valued at approximately $1,337,000.

Several other large investors also recently added to or reduced their stakes in the stock. First Command Financial Services Inc. acquired a new position in shares of iShares Global REIT ETF in the 2nd quarter valued at $162,668,000. FDx Advisors Inc. boosted its position in shares of iShares Global REIT ETF by 11.4% in the 2nd quarter. FDx Advisors Inc. now owns 1,392,875 shares of the company’s stock valued at $35,741,000 after purchasing an additional 142,099 shares during the period. BlackRock Inc. boosted its position in shares of iShares Global REIT ETF by 6.3% in the 2nd 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. SigFig Wealth Management LLC boosted its position in shares of iShares Global REIT ETF by 34.8% in the 3rd quarter. SigFig Wealth Management LLC now owns 690,700 shares of the company’s stock valued at $17,420,000 after purchasing an additional 178,468 shares during the period. Finally, Partners Capital Investment Group LLP boosted its position in iShares Global REIT ETF by 8.5% during the 2nd quarter. Partners Capital Investment Group LLP now owns 670,996 shares of the company’s stock worth $17,218,000 after acquiring an additional 52,502 shares during the period.

Shares of NYSEARCA REET opened at $24.47 on Friday. iShares Global REIT ETF has a one year low of $23.40 and a one year high of $26.68.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 2nd. Shareholders of record on Thursday, September 27th were given a dividend of $0.5191 per share. The ex-dividend date of this dividend was Wednesday, September 26th. This is a positive change from iShares Global REIT ETF’s previous quarterly dividend of $0.32. This represents a $2.08 dividend on an annualized basis and a yield of 8.49%.

See Also: Leveraged Buyout (LBO) Explained

Want to see what other hedge funds are holding REET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global REIT ETF (NYSEARCA:REET).

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

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