iShares Edge MSCI Min Vol USA ETF (BATS:USMV) Shares Bought by UMA Financial Services Inc.

UMA Financial Services Inc. raised its stake in iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 7.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 84,695 shares of the company’s stock after buying an additional 6,114 shares during the quarter. iShares Edge MSCI Min Vol USA ETF accounts for 2.5% of UMA Financial Services Inc.’s portfolio, making the stock its 9th biggest position. UMA Financial Services Inc.’s holdings in iShares Edge MSCI Min Vol USA ETF were worth $5,624,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Duncker Streett & Co. Inc. boosted its stake in iShares Edge MSCI Min Vol USA ETF by 8.3% in the third quarter. Duncker Streett & Co. Inc. now owns 5,214 shares of the company’s stock valued at $334,000 after acquiring an additional 400 shares during the period. Inscription Capital LLC boosted its position in shares of iShares Edge MSCI Min Vol USA ETF by 7.7% during the third quarter. Inscription Capital LLC now owns 67,096 shares of the company’s stock worth $4,301,000 after buying an additional 4,787 shares during the period. Barclays PLC boosted its position in shares of iShares Edge MSCI Min Vol USA ETF by 211.8% during the third quarter. Barclays PLC now owns 98,790 shares of the company’s stock worth $6,333,000 after buying an additional 67,103 shares during the period. Riversedge Advisors LLC acquired a new position in shares of iShares Edge MSCI Min Vol USA ETF during the second quarter worth approximately $558,000. Finally, Parker Investment Management LLC boosted its position in shares of iShares Edge MSCI Min Vol USA ETF by 286.2% during the second quarter. Parker Investment Management LLC now owns 174,869 shares of the company’s stock worth $10,795,000 after buying an additional 129,595 shares during the period.

Shares of BATS USMV traded down $0.06 during midday trading on Tuesday, hitting $66.34. 4,588,402 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $65.23 and its 200-day moving average price is $63.90. iShares Edge MSCI Min Vol USA ETF has a twelve month low of $47.44 and a twelve month high of $55.45.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.3837 per share. The ex-dividend date was Monday, December 16th. This is an increase from iShares Edge MSCI Min Vol USA ETF’s previous quarterly dividend of $0.24. This represents a $1.53 annualized dividend and a dividend yield of 2.31%.

Further Reading: Trading Ex-Dividend

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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