Steinberg Global Asset Management Lowers Stake in iShares Russell 1000 Value ETF (IWD)

Steinberg Global Asset Management cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,118 shares of the exchange traded fund’s stock after selling 95 shares during the period. Steinberg Global Asset Management’s holdings in iShares Russell 1000 Value ETF were worth $254,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Betterment LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at $230,000. American Century Companies Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 96.7% during the 4th quarter. American Century Companies Inc. now owns 6,373,782 shares of the exchange traded fund’s stock valued at $707,808,000 after acquiring an additional 3,134,017 shares in the last quarter. BCJ Capital Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at $1,534,000. AdvicePeriod LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 55.3% during the 4th quarter. AdvicePeriod LLC now owns 35,273 shares of the exchange traded fund’s stock valued at $3,905,000 after acquiring an additional 12,561 shares in the last quarter. Finally, Van Leeuwen & Company LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at $609,000.

NYSEARCA:IWD opened at $126.53 on Wednesday. iShares Russell 1000 Value ETF has a twelve month low of $104.07 and a twelve month high of $129.82.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were issued a dividend of $0.6658 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $2.66 annualized dividend and a dividend yield of 2.10%.

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iShares Russell 1000 Value ETF Profile

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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