Stonehearth Capital Management LLC Invests $156,000 in iShares Russell 1000 Index (IWB) Stock
Stonehearth Capital Management LLC bought a new stake in iShares Russell 1000 Index (NYSEARCA:IWB) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,049 shares of the company’s stock, valued at approximately $156,000.
A number of other large investors also recently modified their holdings of the business. Capital City Trust Co. FL grew its holdings in iShares Russell 1000 Index by 6.5% in the 4th quarter. Capital City Trust Co. FL now owns 30,409 shares of the company’s stock valued at $4,253,000 after buying an additional 1,855 shares in the last quarter. Simplex Trading LLC purchased a new position in shares of iShares Russell 1000 Index during the 4th quarter worth $398,000. ETF Portfolio Partners Inc. grew its holdings in shares of iShares Russell 1000 Index by 0.5% during the 4th quarter. ETF Portfolio Partners Inc. now owns 93,419 shares of the company’s stock worth $13,883,000 after purchasing an additional 432 shares during the period. Finally, Vista Private Wealth Partners. LLC purchased a new position in shares of iShares Russell 1000 Index during the 3rd quarter worth $724,000.
iShares Russell 1000 Index (IWB) traded up $0.99 during midday trading on Friday, hitting $154.67. The stock had a trading volume of 1,202,170 shares, compared to its average volume of 906,044. The stock has a market cap of $20,730.00 and a PE ratio of 13.14. iShares Russell 1000 Index has a fifty-two week low of $125.58 and a fifty-two week high of $154.76.
The firm also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Friday, December 22nd were issued a dividend of $0.6424 per share. This represents a $2.57 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date was Thursday, December 21st. iShares Russell 1000 Index’s dividend payout ratio is presently 20.65%.
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iShares Russell 1000 Index Profile
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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