iShares Russell 1000 Value ETF (IWD) is Meritage Portfolio Management’s 10th Largest Position

Meritage Portfolio Management lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 28.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 97,880 shares of the exchange traded fund’s stock after buying an additional 21,814 shares during the period. iShares Russell 1000 Value ETF makes up approximately 1.1% of Meritage Portfolio Management’s portfolio, making the stock its 10th biggest holding. Meritage Portfolio Management’s holdings in iShares Russell 1000 Value ETF were worth $12,394,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Counselors Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 896.2% in the second quarter. Financial Counselors Inc. now owns 1,165,290 shares of the exchange traded fund’s stock worth $14,144,000 after purchasing an additional 1,048,313 shares during the last quarter. American Century Companies Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 26.1% in the second quarter. American Century Companies Inc. now owns 4,732,884 shares of the exchange traded fund’s stock worth $574,477,000 after purchasing an additional 980,725 shares during the last quarter. Cornerstone Wealth Management LLC grew its stake in shares of iShares Russell 1000 Value ETF by 12,296.1% in the second quarter. Cornerstone Wealth Management LLC now owns 508,859 shares of the exchange traded fund’s stock worth $4,194,000 after purchasing an additional 504,754 shares during the last quarter. Sand Hill Global Advisors LLC grew its stake in shares of iShares Russell 1000 Value ETF by 595.4% in the second quarter. Sand Hill Global Advisors LLC now owns 437,522 shares of the exchange traded fund’s stock worth $53,106,000 after purchasing an additional 374,604 shares during the last quarter. Finally, Sei Investments Co. grew its stake in shares of iShares Russell 1000 Value ETF by 980.3% in the second quarter. Sei Investments Co. now owns 354,705 shares of the exchange traded fund’s stock worth $43,054,000 after purchasing an additional 321,872 shares during the last quarter.

NYSEARCA IWD opened at $119.98 on Wednesday. iShares Russell 1000 Value ETF has a 1 year low of $116.03 and a 1 year high of $131.56.



The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Investors of record on Thursday, September 27th were paid a $0.7896 dividend. The ex-dividend date was Wednesday, September 26th. This is a boost from iShares Russell 1000 Value ETF’s previous quarterly dividend of $0.72. This represents a $3.16 annualized dividend and a dividend yield of 2.63%.

iShares Russell 1000 Value ETF 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 ETF (NYSEARCA:IWD)

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