iShares Dow Jones US Health Care (IHF) Stake Lessened by Jackson Financial Management

Jackson Financial Management lowered its stake in shares of iShares Dow Jones US Health Care (BMV:IHF) by 1.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,374 shares of the company’s stock after selling 1,256 shares during the quarter. iShares Dow Jones US Health Care comprises approximately 10.7% of Jackson Financial Management’s investment portfolio, making the stock its largest holding. Jackson Financial Management’s holdings in iShares Dow Jones US Health Care were worth $13,465,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Bank of Montreal Can increased its holdings in shares of iShares Dow Jones US Health Care by 69,595.9% during the third quarter. Bank of Montreal Can now owns 561,749 shares of the company’s stock valued at $112,266,000 after acquiring an additional 560,943 shares in the last quarter. Morgan Stanley increased its holdings in shares of iShares Dow Jones US Health Care by 61.2% during the second quarter. Morgan Stanley now owns 279,261 shares of the company’s stock valued at $49,049,000 after acquiring an additional 106,006 shares in the last quarter. Cornerstone Wealth Management LLC acquired a new position in shares of iShares Dow Jones US Health Care during the second quarter valued at about $650,000. Bank of America Corp DE increased its holdings in shares of iShares Dow Jones US Health Care by 30.9% during the second quarter. Bank of America Corp DE now owns 89,190 shares of the company’s stock valued at $15,666,000 after acquiring an additional 21,032 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of iShares Dow Jones US Health Care by 23.2% during the second quarter. Wells Fargo & Company MN now owns 66,488 shares of the company’s stock valued at $11,678,000 after acquiring an additional 12,507 shares in the last quarter.

BMV:IHF traded down $2.19 during midday trading on Friday, hitting $193.56. iShares Dow Jones US Health Care has a one year low of $130.95 and a one year high of $172.85.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 2nd. Investors of record on Thursday, September 27th were issued a $0.1103 dividend. This represents a $0.44 annualized dividend and a yield of 0.23%. The ex-dividend date of this dividend was Wednesday, September 26th. This is an increase from iShares Dow Jones US Health Care’s previous quarterly dividend of $0.08.

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Institutional Ownership by Quarter for iShares Dow Jones US Health Care (BMV:IHF)

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