Cordasco Financial Network grew its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 209,570 shares of the company’s stock after purchasing an additional 2,494 shares during the quarter. iShares Russell 1000 ETF makes up approximately 33.2% of Cordasco Financial Network’s portfolio, making the stock its largest holding. Cordasco Financial Network owned 0.17% of iShares Russell 1000 ETF worth $32,968,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in IWB. KLS Professional Advisors Group LLC lifted its stake in shares of iShares Russell 1000 ETF by 1.5% during the fourth quarter. KLS Professional Advisors Group LLC now owns 4,742 shares of the company’s stock valued at $658,000 after buying an additional 72 shares during the period. TD Capital Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 9.5% during the fourth quarter. TD Capital Management LLC now owns 879 shares of the company’s stock valued at $122,000 after buying an additional 76 shares during the period. Parallel Advisors LLC lifted its stake in shares of iShares Russell 1000 ETF by 0.6% during the fourth quarter. Parallel Advisors LLC now owns 12,267 shares of the company’s stock valued at $1,701,000 after buying an additional 79 shares during the period. Rehmann Capital Advisory Group lifted its stake in shares of iShares Russell 1000 ETF by 0.8% during the third quarter. Rehmann Capital Advisory Group now owns 9,621 shares of the company’s stock valued at $1,556,000 after buying an additional 80 shares during the period. Finally, Pillar Pacific Capital Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 1.3% during the fourth quarter. Pillar Pacific Capital Management LLC now owns 6,162 shares of the company’s stock valued at $855,000 after buying an additional 80 shares during the period.

Shares of IWB traded up $0.54 on Wednesday, hitting $160.36. 22,515 shares of the stock traded hands, compared to its average volume of 1,296,431. iShares Russell 1000 ETF has a 1 year low of $129.68 and a 1 year high of $164.13.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were paid a dividend of $0.6274 per share. This represents a $2.51 annualized dividend and a dividend yield of 1.57%. The ex-dividend date was Wednesday, March 20th.

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About iShares Russell 1000 ETF

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.

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Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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