Quad Cities Investment Group LLC grew its holdings in iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 27.5% during the first quarter, HoldingsChannel reports. The firm owned 2,320 shares of the company’s stock after acquiring an additional 500 shares during the period. Quad Cities Investment Group LLC’s holdings in iShares Edge MSCI Min Vol USA ETF were worth $136,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in iShares Edge MSCI Min Vol USA ETF by 41.5% in the 4th quarter. Bank of America Corp DE now owns 27,564,770 shares of the company’s stock worth $1,444,394,000 after purchasing an additional 8,082,726 shares in the last quarter. Lunia Capital LP purchased a new position in iShares Edge MSCI Min Vol USA ETF in the 4th quarter worth approximately $13,989,000. Raymond James & Associates lifted its stake in iShares Edge MSCI Min Vol USA ETF by 4.2% in the 4th quarter. Raymond James & Associates now owns 13,849,934 shares of the company’s stock worth $725,736,000 after purchasing an additional 557,387 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares Edge MSCI Min Vol USA ETF by 69.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 7,898,121 shares of the company’s stock worth $450,509,000 after purchasing an additional 3,232,011 shares in the last quarter. Finally, Morgan Stanley lifted its stake in iShares Edge MSCI Min Vol USA ETF by 6.7% in the 3rd quarter. Morgan Stanley now owns 7,493,696 shares of the company’s stock worth $427,440,000 after purchasing an additional 472,154 shares in the last quarter.

USMV opened at $59.05 on Wednesday. iShares Edge MSCI Min Vol USA ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st were paid a $0.2363 dividend. This represents a $0.95 dividend on an annualized basis and a yield of 1.60%. This is a positive change from iShares Edge MSCI Min Vol USA ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Wednesday, March 20th.

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Institutional Ownership by Quarter for iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

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