Brinker Capital Inc. Raises Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Brinker Capital Inc. raised its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 179.0% during the fourth quarter, Holdings Channel reports. The firm owned 160,970 shares of the exchange traded fund’s stock after buying an additional 103,282 shares during the quarter. iShares Russell 1000 Value ETF makes up approximately 0.7% of Brinker Capital Inc.’s portfolio, making the stock its 21st biggest position. Brinker Capital Inc.’s holdings in iShares Russell 1000 Value ETF were worth $21,969,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. NorthRock Partners LLC boosted its stake in iShares Russell 1000 Value ETF by 971.8% in the 4th quarter. NorthRock Partners LLC now owns 2,164,853 shares of the exchange traded fund’s stock worth $29,111,000 after purchasing an additional 1,962,864 shares in the last quarter. Johanson Financial Advisors Inc. increased its position in shares of iShares Russell 1000 Value ETF by 13,748.2% during the 4th quarter. Johanson Financial Advisors Inc. now owns 877,559 shares of the exchange traded fund’s stock valued at $6,430,000 after purchasing an additional 871,222 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares Russell 1000 Value ETF by 17.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 5,627,759 shares of the exchange traded fund’s stock worth $768,077,000 after acquiring an additional 845,674 shares in the last quarter. Stifel Financial Corp increased its holdings in iShares Russell 1000 Value ETF by 70.7% in the 4th quarter. Stifel Financial Corp now owns 1,474,590 shares of the exchange traded fund’s stock worth $201,302,000 after acquiring an additional 610,885 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in iShares Russell 1000 Value ETF by 3.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 12,437,642 shares of the exchange traded fund’s stock worth $1,697,490,000 after purchasing an additional 400,034 shares during the period.

IWD stock traded up $3.35 during midday trading on Thursday, hitting $98.67. The company’s stock had a trading volume of 546,071 shares, compared to its average volume of 2,892,979. iShares Russell 1000 Value ETF has a 12 month low of $84.11 and a 12 month high of $138.88. The company has a 50 day moving average of $121.37 and a two-hundred day moving average of $129.72.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th will be paid a $0.7935 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $3.17 annualized dividend and a yield of 3.22%.

About iShares Russell 1000 Value ETF

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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