iShares Dow Jones US Basic Mater. (BMV:IYM) Shares Sold by Raymond James & Associates

Raymond James & Associates trimmed its stake in shares of iShares Dow Jones US Basic Mater. (BMV:IYM) by 62.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,216 shares of the company’s stock after selling 25,599 shares during the quarter. Raymond James & Associates’ holdings in iShares Dow Jones US Basic Mater. were worth $1,277,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company raised its stake in iShares Dow Jones US Basic Mater. by 2,357,500.0% in the third quarter. The Manufacturers Life Insurance Company now owns 660,128 shares of the company’s stock valued at $64,970,000 after purchasing an additional 660,100 shares in the last quarter. Matthew Goff Investment Advisor LLC acquired a new position in iShares Dow Jones US Basic Mater. in the third quarter valued at about $1,205,000. Credit Suisse AG raised its stake in iShares Dow Jones US Basic Mater. by 321.0% in the third quarter. Credit Suisse AG now owns 82,277 shares of the company’s stock valued at $8,098,000 after purchasing an additional 62,736 shares in the last quarter. Ferguson Wellman Capital Management Inc. acquired a new position in iShares Dow Jones US Basic Mater. in the fourth quarter valued at about $1,123,000. Finally, Tower Research Capital LLC TRC acquired a new position in iShares Dow Jones US Basic Mater. in the third quarter valued at about $981,000.

iShares Dow Jones US Basic Mater. has a 52 week low of $1,613.95 and a 52 week high of $1,980.10.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st were paid a dividend of $0.3966 per share. This is an increase from iShares Dow Jones US Basic Mater.’s previous quarterly dividend of $0.30. The ex-dividend date was Wednesday, March 20th. This represents a $1.59 annualized dividend and a yield of ∞.

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Institutional Ownership by Quarter for iShares Dow Jones US Basic Mater. (BMV:IYM)

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