Nwam LLC Buys New Shares in iShares Global Timber & Forestry ETF $WOOD

Nwam LLC purchased a new position in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 15,922 shares of the company’s stock, valued at approximately $1,055,000.

A number of other hedge funds also recently made changes to their positions in WOOD. Bank of America Corp DE grew its stake in shares of iShares Global Timber & Forestry ETF by 46.9% during the 1st quarter. Bank of America Corp DE now owns 121,529 shares of the company’s stock valued at $8,622,000 after buying an additional 38,778 shares during the period. Jane Street Group LLC raised its position in shares of iShares Global Timber & Forestry ETF by 29.2% in the 4th quarter. Jane Street Group LLC now owns 32,320 shares of the company’s stock worth $2,327,000 after buying an additional 7,295 shares during the period. Rothschild Capital Partners LLC acquired a new position in iShares Global Timber & Forestry ETF in the second quarter valued at $1,715,000. Royal Bank of Canada boosted its holdings in iShares Global Timber & Forestry ETF by 30.0% in the first quarter. Royal Bank of Canada now owns 12,370 shares of the company’s stock valued at $878,000 after acquiring an additional 2,857 shares during the last quarter. Finally, Rehmann Capital Advisory Group purchased a new stake in iShares Global Timber & Forestry ETF during the second quarter valued at about $785,000.

iShares Global Timber & Forestry ETF Price Performance

Shares of NASDAQ:WOOD opened at $71.24 on Thursday. The business has a 50-day moving average of $70.09 and a two-hundred day moving average of $70.37. The firm has a market capitalization of $265.01 million, a PE ratio of 16.65 and a beta of 0.74. iShares Global Timber & Forestry ETF has a 12 month low of $64.53 and a 12 month high of $83.32.

iShares Global Timber & Forestry ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.6286 per share. The ex-dividend date of this dividend was Monday, June 15th.

About iShares Global Timber & Forestry ETF

iShares Global Timber & Forestry ETF, formerly iShares S&P Global Timber & Forestry Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global Timber & Forestry Index (the Index). The Index consists of approximately 25 publicly-traded companies engaged in the ownership, management or upstream supply chain of forests and timberlands. These include forest products companies, timber real estate investment trusts (REITs), paper products companies, paper packaging companies and agricultural products companies.