Cahaba Wealth Management Inc. boosted its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 307.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,817 shares of the company’s stock after buying an additional 74,552 shares during the quarter. iShares Russell Mid-Cap ETF accounts for approximately 1.4% of Cahaba Wealth Management Inc.’s holdings, making the stock its 13th biggest holding. Cahaba Wealth Management Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $4,593,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of the business. Trust Department MB Financial Bank N A lifted its holdings in iShares Russell Mid-Cap ETF by 11.9% in the 3rd quarter. Trust Department MB Financial Bank N A now owns 2,270 shares of the company’s stock worth $501,000 after buying an additional 242 shares in the last quarter. Kiley Juergens Wealth Management LLC lifted its holdings in iShares Russell Mid-Cap ETF by 13.2% in the 3rd quarter. Kiley Juergens Wealth Management LLC now owns 2,080 shares of the company’s stock worth $458,000 after buying an additional 243 shares in the last quarter. Duncker Streett & Co. Inc. lifted its holdings in iShares Russell Mid-Cap ETF by 10.4% in the 3rd quarter. Duncker Streett & Co. Inc. now owns 2,690 shares of the company’s stock worth $593,000 after buying an additional 254 shares in the last quarter. Cambridge Trust Co. lifted its holdings in iShares Russell Mid-Cap ETF by 5.7% in the 3rd quarter. Cambridge Trust Co. now owns 5,588 shares of the company’s stock worth $1,232,000 after buying an additional 300 shares in the last quarter. Finally, Oxford Financial Group Ltd. lifted its holdings in iShares Russell Mid-Cap ETF by 8.5% in the 3rd quarter. Oxford Financial Group Ltd. now owns 4,028 shares of the company’s stock worth $888,000 after buying an additional 315 shares in the last quarter.
Shares of iShares Russell Mid-Cap ETF stock traded down $0.25 during trading on Monday, reaching $48.68. The company had a trading volume of 46,921 shares, compared to its average volume of 2,013,700. iShares Russell Mid-Cap ETF has a fifty-two week low of $43.64 and a fifty-two week high of $56.23.
The business also recently announced a quarterly dividend, which was paid on Friday, December 21st. Stockholders of record on Tuesday, December 18th were paid a $0.2142 dividend. The ex-dividend date was Monday, December 17th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.76%.
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About iShares Russell Mid-Cap ETF
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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