Pointe Capital Management LLC decreased its stake in shares of iShares Russell 1000 Value Index (NYSE:IWD) by 0.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,480 shares of the exchange traded fund’s stock after selling 20 shares during the period. Pointe Capital Management LLC’s holdings in iShares Russell 1000 Value Index were worth $522,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Gibson Capital LLC increased its position in shares of iShares Russell 1000 Value Index by 22.9% in the second quarter. Gibson Capital LLC now owns 2,146 shares of the exchange traded fund’s stock worth $247,000 after buying an additional 400 shares in the last quarter. Honkamp Krueger Financial Services Inc. increased its position in shares of iShares Russell 1000 Value Index by 23.3% in the second quarter. Honkamp Krueger Financial Services Inc. now owns 2,157 shares of the exchange traded fund’s stock worth $251,000 after buying an additional 408 shares in the last quarter. Retirement Planning Group increased its position in shares of iShares Russell 1000 Value Index by 4.5% in the second quarter. Retirement Planning Group now owns 2,371 shares of the exchange traded fund’s stock worth $276,000 after buying an additional 103 shares in the last quarter. Meridian Wealth Management LLC increased its position in shares of iShares Russell 1000 Value Index by 2.6% in the second quarter. Meridian Wealth Management LLC now owns 2,432 shares of the exchange traded fund’s stock worth $283,000 after buying an additional 62 shares in the last quarter. Finally, Rockland Trust Co. increased its position in shares of iShares Russell 1000 Value Index by 12.6% in the second quarter. Rockland Trust Co. now owns 2,433 shares of the exchange traded fund’s stock worth $283,000 after buying an additional 272 shares in the last quarter.

iShares Russell 1000 Value Index (IWD) opened at 115.48 on Friday. iShares Russell 1000 Value Index has a 52 week low of $102.07 and a 52 week high of $121.24. The company’s 50-day moving average is $116.54 and its 200-day moving average is $115.42.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 12th. Stockholders of record on Monday, July 10th were paid a $0.7172 dividend. This is a boost from iShares Russell 1000 Value Index’s previous quarterly dividend of $0.58. The ex-dividend date of this dividend was Thursday, July 6th. This represents a $2.87 dividend on an annualized basis and a dividend yield of 2.48%.

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iShares Russell 1000 Value Index Company Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).

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Institutional Ownership by Quarter for iShares Russell 1000 Value Index (NYSE:IWD)

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