Proficio Capital Partners LLC Buys Shares of 107,406 iShares Global Timber & Forestry ETF $WOOD

Proficio Capital Partners LLC purchased a new stake in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) during the second quarter, HoldingsChannel.com reports. The firm purchased 107,406 shares of the company’s stock, valued at approximately $7,115,000.

A number of other large investors also recently made changes to their positions in the stock. Bank of America Corp DE grew its stake in shares of iShares Global Timber & Forestry ETF by 46.9% during 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 during the period. Rothschild Capital Partners LLC bought a new stake in iShares Global Timber & Forestry ETF in the second quarter valued at about $1,715,000. Advisory Services Network LLC acquired a new position in iShares Global Timber & Forestry ETF in the third quarter valued at about $29,000. Nwam LLC acquired a new position in iShares Global Timber & Forestry ETF in the second quarter valued at about $1,055,000. Finally, Rehmann Capital Advisory Group bought a new position in iShares Global Timber & Forestry ETF during the second quarter worth about $785,000.

iShares Global Timber & Forestry ETF Trading Down 0.9%

Shares of WOOD opened at $71.51 on Tuesday. The stock has a market cap of $266.02 million, a P/E ratio of 16.65 and a beta of 0.74. iShares Global Timber & Forestry ETF has a 1 year low of $64.53 and a 1 year high of $83.32. The stock’s 50-day moving average price is $69.91 and its two-hundred day moving average price is $70.53.

iShares Global Timber & Forestry ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $0.6286 dividend. The ex-dividend date was Monday, June 15th.

iShares Global Timber & Forestry ETF Company Profile

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.