Oak Point Wealth Management purchased a new stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,587 shares of the company’s stock, valued at approximately $730,000.

Separately, Cumberland Advisors Inc. bought a new position in iShares Russell 3000 ETF during the fourth quarter valued at about $5,939,000.

Shares of iShares Russell 3000 ETF (NYSEARCA IWV) traded up $0.53 on Tuesday, reaching $162.67. The company had a trading volume of 792,600 shares, compared to its average volume of 417,640. iShares Russell 3000 ETF has a 1 year low of $133.82 and a 1 year high of $162.26. The company has a market capitalization of $8,430.00 and a price-to-earnings ratio of 12.60.

The company also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Friday, December 22nd were paid a dividend of $0.6638 per share. The ex-dividend date of this dividend was Thursday, December 21st. This represents a $2.66 annualized dividend and a yield of 1.63%. iShares Russell 3000 ETF’s dividend payout ratio is 19.29%.

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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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