Mutual Advisors LLC Grows Stake in iShares Russell 1000 Value ETF (IWD)

Mutual Advisors LLC boosted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,648 shares of the exchange traded fund’s stock after acquiring an additional 425 shares during the quarter. Mutual Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of IWD. BerganKDV Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $113,000. Macquarie Group Ltd. bought a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at approximately $116,000. Adviser Investments LLC bought a new position in iShares Russell 1000 Value ETF during the 1st quarter valued at approximately $120,000. AlphaMark Advisors LLC bought a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at approximately $139,000. Finally, Exchange Capital Management Inc. bought a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at approximately $148,000.

IWD stock opened at $127.24 on Tuesday. iShares Russell 1000 Value ETF has a twelve month low of $116.03 and a twelve month high of $131.56.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Shareholders of record on Thursday, September 27th were paid a dividend of $0.7896 per share. This represents a $3.16 annualized dividend and a yield of 2.48%. This is an increase from iShares Russell 1000 Value ETF’s previous quarterly dividend of $0.72. The ex-dividend date was Wednesday, September 26th.

About iShares Russell 1000 Value ETF

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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