South Texas Money Management Ltd. lifted its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 19.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,695 shares of the company’s stock after purchasing an additional 3,469 shares during the quarter. South Texas Money Management Ltd.’s holdings in iShares Russell Mid-Cap ETF were worth $1,170,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently modified their holdings of the company. Bank of New York Mellon Corp raised its holdings in iShares Russell Mid-Cap ETF by 3.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 211,015 shares of the company’s stock worth $46,529,000 after acquiring an additional 7,172 shares during the last quarter. BlackRock Inc. raised its holdings in iShares Russell Mid-Cap ETF by 12.9% in the 3rd quarter. BlackRock Inc. now owns 97,923 shares of the company’s stock worth $21,592,000 after acquiring an additional 11,187 shares during the last quarter. Glenmede Trust Co. NA purchased a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $2,699,000. B. Riley Wealth Management Inc. purchased a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $4,325,000. Finally, Garde Capital Inc. raised its holdings in iShares Russell Mid-Cap ETF by 300.0% in the 3rd quarter. Garde Capital Inc. now owns 9,648 shares of the company’s stock worth $493,000 after acquiring an additional 7,236 shares during the last quarter.
Shares of NYSEARCA IWR opened at $55.56 on Wednesday. iShares Russell Mid-Cap ETF has a twelve month low of $43.64 and a twelve month high of $56.23.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors 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 1.33%.
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iShares Russell Mid-Cap ETF Company 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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