Country Trust Bank raised its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 6.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,107,007 shares of the company’s stock after buying an additional 69,651 shares during the period. iShares Russell Mid-Cap ETF comprises 2.7% of Country Trust Bank’s investment portfolio, making the stock its 7th biggest position. Country Trust Bank owned approximately 0.32% of iShares Russell Mid-Cap ETF worth $59,723,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Community Bank N.A. increased its holdings in iShares Russell Mid-Cap ETF by 300.0% in the fourth quarter. Community Bank N.A. now owns 580 shares of the company’s stock valued at $27,000 after buying an additional 435 shares in the last quarter. Riverview Trust Co purchased a new position in iShares Russell Mid-Cap ETF in the fourth quarter valued at $27,000. Kwmg LLC purchased a new position in iShares Russell Mid-Cap ETF in the fourth quarter valued at $39,000. Kistler Tiffany Companies LLC increased its holdings in iShares Russell Mid-Cap ETF by 300.0% in the fourth quarter. Kistler Tiffany Companies LLC now owns 900 shares of the company’s stock valued at $42,000 after buying an additional 675 shares in the last quarter. Finally, Sterling Investment Advisors Ltd. increased its holdings in iShares Russell Mid-Cap ETF by 300.0% in the fourth quarter. Sterling Investment Advisors Ltd. now owns 940 shares of the company’s stock valued at $43,000 after buying an additional 705 shares in the last quarter.
IWR traded down $0.29 on Wednesday, reaching $55.27. The stock had a trading volume of 41,032 shares, compared to its average volume of 2,157,934. iShares Russell Mid-Cap ETF has a 12-month low of $43.64 and a 12-month high of $56.23.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st were issued a $0.1848 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $0.74 dividend on an annualized basis and a yield of 1.34%.
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iShares Russell Mid-Cap ETF Profile
iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market.
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