Jaffetilchin Investment Partners LLC Has $1.75 Million Stake in iShares US Real Estate ETF (NYSEARCA:IYR)

Jaffetilchin Investment Partners LLC raised its stake in shares of iShares US Real Estate ETF (NYSEARCA:IYR) by 420.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,045 shares of the real estate investment trust’s stock after buying an additional 16,190 shares during the quarter. Jaffetilchin Investment Partners LLC’s holdings in iShares US Real Estate ETF were worth $1,745,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of IYR. Executive Wealth Management LLC purchased a new position in shares of iShares US Real Estate ETF in the 4th quarter worth $30,000. Larson Financial Group LLC purchased a new position in iShares US Real Estate ETF in the fourth quarter valued at about $38,000. Flagship Harbor Advisors LLC raised its position in iShares US Real Estate ETF by 33.7% in the first quarter. Flagship Harbor Advisors LLC now owns 536 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 135 shares during the period. Athena Capital Advisors LLC purchased a new position in iShares US Real Estate ETF in the fourth quarter valued at about $64,000. Finally, Covenant Multifamily Offices LLC purchased a new position in iShares US Real Estate ETF in the first quarter valued at about $76,000.

Shares of NYSEARCA IYR traded up $0.30 during midday trading on Monday, reaching $87.61. 11,876,800 shares of the company’s stock were exchanged, compared to its average volume of 8,120,077. iShares US Real Estate ETF has a 52-week low of $71.41 and a 52-week high of $91.11. The stock’s fifty day moving average price is $88.26.

The company also recently declared a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Tuesday, June 18th were paid a $0.6852 dividend. This represents a $2.74 dividend on an annualized basis and a yield of 3.13%. This is an increase from iShares US Real Estate ETF’s previous quarterly dividend of $0.60. The ex-dividend date was Monday, June 17th.

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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