5,794 Shares in iShares U.S. Home Construction ETF $ITB Purchased by Riverbridge Partners LLC

Riverbridge Partners LLC acquired a new position in iShares U.S. Home Construction ETF (BATS:ITB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,794 shares of the exchange traded fund’s stock, valued at approximately $504,000.

Several other large investors have also added to or reduced their stakes in the business. Equity Investment Corp acquired a new position in shares of iShares U.S. Home Construction ETF during the 3rd quarter worth about $15,373,000. Allspring Global Investments Holdings LLC bought a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at about $2,454,000. StoneX Group Inc. bought a new position in shares of iShares U.S. Home Construction ETF in the 3rd quarter valued at about $424,000. Parallel Advisors LLC grew its holdings in shares of iShares U.S. Home Construction ETF by 22.1% in the 3rd quarter. Parallel Advisors LLC now owns 2,696 shares of the exchange traded fund’s stock valued at $235,000 after acquiring an additional 488 shares in the last quarter. Finally, Mader & Shannon Wealth Management Inc. increased its position in shares of iShares U.S. Home Construction ETF by 2.8% in the third quarter. Mader & Shannon Wealth Management Inc. now owns 50,124 shares of the exchange traded fund’s stock valued at $4,362,000 after acquiring an additional 1,354 shares during the last quarter.

iShares U.S. Home Construction ETF Stock Performance

BATS:ITB opened at $95.45 on Thursday. The stock’s 50-day simple moving average is $89.83 and its 200 day simple moving average is $95.81. The company has a market cap of $2.25 billion, a P/E ratio of 17.46 and a beta of 1.27. iShares U.S. Home Construction ETF has a 52-week low of $82.08 and a 52-week high of $115.26.

iShares U.S. Home Construction ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a $0.2104 dividend. This is a positive change from iShares U.S. Home Construction ETF’s previous quarterly dividend of $0.1592. This represents a $0.84 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Tuesday, September 15th.

iShares U.S. Home Construction ETF Company Profile

iShares U.S. Home Construction ETF, formerly iShares Dow Jones U.S. Home Construction Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Home Construction Index (the Index). The Index measures the performance of the home construction sector of the United States equity market, and includes companies that are constructors of residential homes, including manufacturers of mobile and prefabricated homes. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.