iShares Russell 1000 Value Index (IWD) is Grubman Wealth Management’s 2nd Largest Position

Grubman Wealth Management decreased its position in iShares Russell 1000 Value Index (NYSEARCA:IWD) by 2.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 166,777 shares of the exchange traded fund’s stock after selling 3,965 shares during the quarter. iShares Russell 1000 Value Index accounts for 14.6% of Grubman Wealth Management’s portfolio, making the stock its 2nd largest position. Grubman Wealth Management owned about 0.05% of iShares Russell 1000 Value Index worth $20,737,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Capital Guardian Trust Co. bought a new stake in iShares Russell 1000 Value Index in the 3rd quarter worth approximately $105,000. Moisand Fitzgerald Tamayo LLC bought a new stake in iShares Russell 1000 Value Index in the third quarter valued at approximately $112,000. Vestor Capital LLC bought a new stake in iShares Russell 1000 Value Index in the second quarter valued at approximately $131,000. Farmers National Bank lifted its position in iShares Russell 1000 Value Index by 26.1% in the second quarter. Farmers National Bank now owns 1,410 shares of the exchange traded fund’s stock valued at $164,000 after purchasing an additional 292 shares during the last quarter. Finally, Cable Hill Partners LLC lifted its position in iShares Russell 1000 Value Index by 13,230.8% in the third quarter. Cable Hill Partners LLC now owns 1,733 shares of the exchange traded fund’s stock valued at $205,000 after purchasing an additional 1,720 shares during the last quarter.

Shares of iShares Russell 1000 Value Index (NYSEARCA IWD) traded up $1.02 during mid-day trading on Wednesday, reaching $128.90. The company’s stock had a trading volume of 1,846,155 shares, compared to its average volume of 3,579,746. iShares Russell 1000 Value Index has a 12-month low of $111.60 and a 12-month high of $129.14. The company has a market capitalization of $41,340.00 and a P/E ratio of 15.64.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Friday, December 22nd were given a $0.6349 dividend. The ex-dividend date was Thursday, December 21st. This represents a $2.54 annualized dividend and a yield of 1.97%. iShares Russell 1000 Value Index’s payout ratio is currently 31.43%.

ILLEGAL ACTIVITY NOTICE: This article was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this article on another website, it was illegally stolen and republished in violation of international copyright and trademark laws. The legal version of this article can be read at https://www.dispatchtribunal.com/2018/01/17/ishares-russell-1000-value-index-iwd-holdings-trimmed-by-grubman-wealth-management.html.

iShares Russell 1000 Value Index Company Profile

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).

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

Receive News & Ratings for iShares Russell 1000 Value Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value Index and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply