Gemmer Asset Management LLC lifted its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 25.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,024 shares of the company’s stock after buying an additional 1,420 shares during the period. Gemmer Asset Management LLC’s holdings in iShares Russell 1000 ETF were worth $1,136,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. Massmutual Trust Co. FSB ADV bought a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at about $111,000. Squar Milner Financial Services LLC bought a new position in iShares Russell 1000 ETF in the 2nd quarter valued at about $125,000. Cornerstone Wealth Management LLC bought a new position in iShares Russell 1000 ETF in the 2nd quarter valued at about $130,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in iShares Russell 1000 ETF in the 2nd quarter valued at about $163,000. Finally, Landaas & Co. WI ADV bought a new position in iShares Russell 1000 ETF in the 2nd quarter valued at about $166,000.
iShares Russell 1000 ETF stock traded up $1.82 during trading hours on Friday, hitting $153.03. The company had a trading volume of 174,040 shares, compared to its average volume of 1,135,208. iShares Russell 1000 ETF has a one year low of $140.76 and a one year high of $164.13.
The business also recently declared a quarterly dividend, which was paid on Tuesday, October 2nd. Shareholders of record on Thursday, September 27th were issued a $0.7395 dividend. This is a boost from iShares Russell 1000 ETF’s previous quarterly dividend of $0.68. This represents a $2.96 annualized dividend and a yield of 1.93%. The ex-dividend date was Wednesday, September 26th.
About iShares Russell 1000 ETF
iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.
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