Valmark Advisers Inc. lifted its position in iShares Trust (NYSEARCA:IBMG) by 31.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,139 shares of the company’s stock after purchasing an additional 6,462 shares during the quarter. Valmark Advisers Inc. owned about 0.35% of iShares Trust worth $689,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of the company. Leavell Investment Management Inc. increased its holdings in shares of iShares Trust by 4.3% in the fourth quarter. Leavell Investment Management Inc. now owns 119,997 shares of the company’s stock worth $3,047,000 after purchasing an additional 5,000 shares during the last quarter. US Bancorp DE increased its stake in iShares Trust by 3.9% during the fourth quarter. US Bancorp DE now owns 293,019 shares of the company’s stock worth $7,440,000 after acquiring an additional 11,031 shares during the last quarter. Global Financial Private Capital LLC bought a new stake in iShares Trust during the fourth quarter worth approximately $317,000. Resources Investment Advisors Inc. bought a new stake in iShares Trust during the fourth quarter worth approximately $418,000. Finally, Asset Dedication LLC increased its stake in iShares Trust by 43.0% during the fourth quarter. Asset Dedication LLC now owns 85,273 shares of the company’s stock worth $2,166,000 after acquiring an additional 25,629 shares during the last quarter.
Shares of iShares Trust (IBMG) opened at $25.38 on Tuesday. iShares Trust has a 52 week low of $25.32 and a 52 week high of $25.61.
The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 7th. Shareholders of record on Friday, February 2nd were paid a dividend of $0.017 per share. This is a boost from iShares Trust’s previous monthly dividend of $0.02. This represents a $0.20 annualized dividend and a yield of 0.80%. The ex-dividend date of this dividend was Thursday, February 1st.
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