Carnegie Capital Asset Management LLC lessened its stake in iShares Trust (NYSEARCA:IBMH) by 22.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 45,443 shares of the company’s stock after selling 13,250 shares during the quarter. Carnegie Capital Asset Management LLC owned approximately 0.50% of iShares Trust worth $1,153,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. The Manufacturers Life Insurance Company increased its holdings in iShares Trust by 84.9% in the 4th quarter. The Manufacturers Life Insurance Company now owns 6,349 shares of the company’s stock worth $161,000 after acquiring an additional 2,915 shares in the last quarter. Resources Investment Advisors Inc. acquired a new stake in iShares Trust during the 4th quarter worth $210,000. Taylor Cottrill Erickson & Associates Inc. boosted its stake in iShares Trust by 25.5% during the 4th quarter. Taylor Cottrill Erickson & Associates Inc. now owns 9,850 shares of the company’s stock worth $249,000 after purchasing an additional 2,000 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in iShares Trust during the 4th quarter worth $381,000. Finally, Madison Investment Holdings Inc. boosted its stake in iShares Trust by 19.2% during the 4th quarter. Madison Investment Holdings Inc. now owns 22,130 shares of the company’s stock worth $560,000 after purchasing an additional 3,567 shares during the last quarter.
Shares of iShares Trust (NYSEARCA:IBMH) traded up $0.01 on Friday, reaching $25.37. 117,916 shares of the company’s stock traded hands, compared to its average volume of 47,162. iShares Trust has a 52 week low of $24.92 and a 52 week high of $25.65.
The firm also recently announced a monthly dividend, which was paid on Wednesday, March 7th. Shareholders of record on Friday, March 2nd were paid a dividend of $0.0266 per share. This represents a $0.32 annualized dividend and a yield of 1.26%. The ex-dividend date was Thursday, March 1st. This is a boost from iShares Trust’s previous monthly dividend of $0.02.
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