South Texas Money Management Ltd. lifted its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 19.0% in the 1st quarter, HoldingsChannel reports. The firm owned 21,695 shares of the company’s stock after acquiring an additional 3,469 shares during the period. South Texas Money Management Ltd.’s holdings in iShares Russell Mid-Cap ETF were worth $1,170,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently bought and sold shares of IWR. Community Bank N.A. boosted its holdings in iShares Russell Mid-Cap ETF by 300.0% in the 4th quarter. Community Bank N.A. now owns 580 shares of the company’s stock worth $27,000 after buying an additional 435 shares during the period. Riverview Trust Co bought a new position in iShares Russell Mid-Cap ETF in the 4th quarter worth $27,000. Highwater Wealth Management LLC bought a new position in iShares Russell Mid-Cap ETF in the 4th quarter worth $169,000. Kwmg LLC bought a new position in iShares Russell Mid-Cap ETF in the 4th quarter worth $39,000. Finally, Kistler Tiffany Companies LLC boosted its holdings in iShares Russell Mid-Cap ETF by 300.0% in the 4th quarter. Kistler Tiffany Companies LLC now owns 900 shares of the company’s stock worth $42,000 after buying an additional 675 shares during the period.
Shares of iShares Russell Mid-Cap ETF stock opened at $55.56 on Wednesday. iShares Russell Mid-Cap ETF has a fifty-two week low of $43.64 and a fifty-two week high of $56.23.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were issued a $0.1848 dividend. This represents a $0.74 annualized dividend and a yield of 1.33%. The ex-dividend date was Wednesday, March 20th.
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About iShares Russell Mid-Cap ETF
iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap 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 Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market.
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