McCutchen Group LLC raised its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 0.1% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 154,051 shares of the company’s stock after buying an additional 190 shares during the period. iShares Russell 3000 ETF comprises 8.6% of McCutchen Group LLC’s investment portfolio, making the stock its 5th biggest position. McCutchen Group LLC’s holdings in iShares Russell 3000 ETF were worth $25,680,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Chemical Bank increased its holdings in iShares Russell 3000 ETF by 3.9% in the fourth quarter. Chemical Bank now owns 2,244 shares of the company’s stock valued at $330,000 after buying an additional 85 shares in the last quarter. CWM LLC increased its stake in shares of iShares Russell 3000 ETF by 2.3% during the first quarter. CWM LLC now owns 4,447 shares of the company’s stock worth $741,000 after purchasing an additional 98 shares in the last quarter. Brickley Wealth Management increased its stake in shares of iShares Russell 3000 ETF by 6.7% during the first quarter. Brickley Wealth Management now owns 1,586 shares of the company’s stock worth $264,000 after purchasing an additional 100 shares in the last quarter. NEXT Financial Group Inc increased its stake in shares of iShares Russell 3000 ETF by 9.3% during the fourth quarter. NEXT Financial Group Inc now owns 1,202 shares of the company’s stock worth $177,000 after purchasing an additional 102 shares in the last quarter. Finally, Athena Capital Advisors LLC increased its stake in shares of iShares Russell 3000 ETF by 0.4% during the fourth quarter. Athena Capital Advisors LLC now owns 34,366 shares of the company’s stock worth $5,049,000 after purchasing an additional 121 shares in the last quarter.
Shares of IWV stock traded up $1.34 on Tuesday, reaching $172.29. 26,145 shares of the company were exchanged, compared to its average volume of 464,066. iShares Russell 3000 ETF has a 1 year low of $137.45 and a 1 year high of $174.73.
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were paid a dividend of $0.6129 per share. The ex-dividend date was Wednesday, March 20th. This represents a $2.45 dividend on an annualized basis and a dividend yield of 1.42%.
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iShares Russell 3000 ETF Company Profile
iShares Russell 3000 ETF, formerly iShares Russell 3000 Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States equity market, as represented by the Russell 3000 Index (the Index).
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