Rehmann Capital Advisory Group Buys Shares of 11,853 iShares Global Timber & Forestry ETF $WOOD

Rehmann Capital Advisory Group purchased a new position in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) in the second quarter, HoldingsChannel reports. The fund purchased 11,853 shares of the company’s stock, valued at approximately $785,000.

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE lifted its position in shares of iShares Global Timber & Forestry ETF by 46.9% in the first quarter. Bank of America Corp DE now owns 121,529 shares of the company’s stock worth $8,622,000 after purchasing an additional 38,778 shares in the last quarter. Rothschild Capital Partners LLC bought a new position in iShares Global Timber & Forestry ETF in the second quarter valued at $1,715,000. Jane Street Group LLC grew its position in iShares Global Timber & Forestry ETF by 29.2% in the fourth quarter. Jane Street Group LLC now owns 32,320 shares of the company’s stock valued at $2,327,000 after purchasing an additional 7,295 shares in the last quarter. Cordoba Advisory Partners LLC acquired a new stake in iShares Global Timber & Forestry ETF in the 4th quarter valued at $474,000. Finally, Cullen Capital Management LLC bought a new stake in iShares Global Timber & Forestry ETF during the 4th quarter worth about $472,000.

iShares Global Timber & Forestry ETF Price Performance

Shares of NASDAQ:WOOD opened at $71.24 on Thursday. The company’s 50-day moving average price is $70.09 and its two-hundred day moving average price is $70.37. iShares Global Timber & Forestry ETF has a one year low of $64.53 and a one year high of $83.32. The stock 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 Dividend Announcement

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