Spectrum Financial Alliance Ltd LLC Increases Stake in iShares Edge MSCI Min Vol USA ETF (USMV)

Spectrum Financial Alliance Ltd LLC grew its holdings in iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 35.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,696 shares of the company’s stock after buying an additional 446 shares during the quarter. iShares Edge MSCI Min Vol USA ETF comprises approximately 0.1% of Spectrum Financial Alliance Ltd LLC’s portfolio, making the stock its 22nd largest holding. Spectrum Financial Alliance Ltd LLC’s holdings in iShares Edge MSCI Min Vol USA ETF were worth $88,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Duncker Streett & Co. Inc. acquired a new stake in iShares Edge MSCI Min Vol USA ETF in the fourth quarter worth about $25,000. Legacy Bridge LLC acquired a new stake in iShares Edge MSCI Min Vol USA ETF in the fourth quarter worth about $36,000. We Are One Seven LLC acquired a new stake in iShares Edge MSCI Min Vol USA ETF in the fourth quarter worth about $40,000. Prime Capital Investment Advisors LLC acquired a new stake in iShares Edge MSCI Min Vol USA ETF in the fourth quarter worth about $44,000. Finally, JNBA Financial Advisors acquired a new stake in iShares Edge MSCI Min Vol USA ETF in the fourth quarter worth about $45,000.

USMV stock traded down $0.03 during midday trading on Monday, reaching $57.91. The stock had a trading volume of 864,360 shares. iShares Edge MSCI Min Vol USA ETF has a twelve month low of $47.44 and a twelve month high of $55.45.



The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 26th. Investors of record on Thursday, March 21st will be given a $0.2363 dividend. This represents a $0.95 dividend on an annualized basis and a yield of 1.63%. This is a positive change from iShares Edge MSCI Min Vol USA ETF’s previous quarterly dividend of $0.03. The ex-dividend date is Wednesday, March 20th.

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Want to see what other hedge funds are holding USMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Edge MSCI Min Vol USA ETF (BATS:USMV).

Institutional Ownership by Quarter for iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

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