iShares Russell 1000 Value ETF (NYSEARCA:IWD) Sets New 1-Year High at $129.87

Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) reached a new 52-week high on Monday . The stock traded as high as $129.87 and last traded at $129.50, with a volume of 2085949 shares trading hands. The stock had previously closed at $129.68.

The company’s fifty day moving average price is $125.97.

The company also recently announced a quarterly dividend, which was paid on Friday, June 21st. Shareholders of record on Tuesday, June 18th were issued a $0.7043 dividend. The ex-dividend date of this dividend was Monday, June 17th. This is an increase from iShares Russell 1000 Value ETF’s previous quarterly dividend of $0.67. This represents a $2.82 dividend on an annualized basis and a yield of 2.18%.

A number of institutional investors have recently made changes to their positions in IWD. Covenant Multifamily Offices LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the first quarter worth about $28,000. Jackson Hole Capital Partners LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $27,000. Litman Gregory Asset Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the first quarter worth about $31,000. WP Advisors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the first quarter worth about $32,000. Finally, Resources Management Corp CT ADV purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $29,000.

iShares Russell 1000 Value ETF Company Profile (NYSEARCA:IWD)

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).

Featured Story: Understanding Specialty Certificates of Deposit

Receive News & Ratings for iShares Russell 1000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.