BKD Wealth Advisors LLC Lowers Stock Position in iShares US Telecommunications ETF (BATS:IYZ)

BKD Wealth Advisors LLC reduced its stake in iShares US Telecommunications ETF (BATS:IYZ) by 6.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,258 shares of the exchange traded fund’s stock after selling 2,012 shares during the quarter. BKD Wealth Advisors LLC’s holdings in iShares US Telecommunications ETF were worth $904,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. FMR LLC raised its stake in shares of iShares US Telecommunications ETF by 817.1% during the first quarter. FMR LLC now owns 3,008 shares of the exchange traded fund’s stock worth $90,000 after acquiring an additional 2,680 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares US Telecommunications ETF by 2.7% during the second quarter. JPMorgan Chase & Co. now owns 103,081 shares of the exchange traded fund’s stock worth $3,037,000 after acquiring an additional 2,676 shares in the last quarter. Prudential Financial Inc. raised its stake in shares of iShares US Telecommunications ETF by 30.3% during the second quarter. Prudential Financial Inc. now owns 10,700 shares of the exchange traded fund’s stock worth $315,000 after acquiring an additional 2,490 shares in the last quarter. Royal Bank of Canada raised its stake in shares of iShares US Telecommunications ETF by 7.3% during the second quarter. Royal Bank of Canada now owns 125,625 shares of the exchange traded fund’s stock worth $3,701,000 after acquiring an additional 8,557 shares in the last quarter. Finally, Atria Investments LLC raised its stake in shares of iShares US Telecommunications ETF by 16.9% during the second quarter. Atria Investments LLC now owns 12,971 shares of the exchange traded fund’s stock worth $212,000 after acquiring an additional 1,872 shares in the last quarter.

Shares of iShares US Telecommunications ETF stock opened at $29.79 on Tuesday. iShares US Telecommunications ETF has a 52-week low of $26.56 and a 52-week high of $34.77. The company’s 50 day moving average price is $29.67 and its 200-day moving average price is $29.42.

The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.209 dividend. This is a boost from iShares US Telecommunications ETF’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.84 annualized dividend and a dividend yield of 2.81%.

iShares US Telecommunications ETF Profile

iShares U.S. Telecommunications ETF (the Fund), formerly iShares Dow Jones U.S. Telecommunications Sector Index Fund, is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Select Telecommunications Index (the Index).

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Institutional Ownership by Quarter for iShares US Telecommunications ETF (BATS:IYZ)

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