LPL Financial LLC Has $2.31 Million Stake in iShares Trust (IBMH)

LPL Financial LLC grew its stake in iShares Trust (NYSEARCA:IBMH) by 44.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 91,146 shares of the company’s stock after acquiring an additional 28,022 shares during the quarter. LPL Financial LLC’s holdings in iShares Trust were worth $2,308,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in IBMH. Confluence Investment Management LLC increased its holdings in shares of iShares Trust by 2.2% in the 4th quarter. Confluence Investment Management LLC now owns 123,389 shares of the company’s stock valued at $3,124,000 after acquiring an additional 2,713 shares during the period. Leavell Investment Management Inc. boosted its position in shares of iShares Trust by 2.8% in the 4th quarter. Leavell Investment Management Inc. now owns 108,997 shares of the company’s stock worth $2,760,000 after purchasing an additional 3,000 shares in the last quarter. Asset Dedication LLC boosted its position in shares of iShares Trust by 50.8% in the 4th quarter. Asset Dedication LLC now owns 85,052 shares of the company’s stock worth $2,155,000 after purchasing an additional 28,652 shares in the last quarter. Guidant Wealth Advisors boosted its position in shares of iShares Trust by 1,557.2% in the 4th quarter. Guidant Wealth Advisors now owns 1,119,114 shares of the company’s stock worth $28,065,000 after purchasing an additional 1,051,585 shares in the last quarter. Finally, Taylor Cottrill Erickson & Associates Inc. boosted its position in shares of iShares Trust by 25.5% in the 4th quarter. Taylor Cottrill Erickson & Associates Inc. now owns 9,850 shares of the company’s stock worth $249,000 after purchasing an additional 2,000 shares in the last quarter.

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iShares Trust stock opened at $25.30 on Friday. iShares Trust has a 1-year low of $24.92 and a 1-year high of $25.65.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 7th. Stockholders of record on Friday, March 2nd were given a $0.0266 dividend. This is a boost from iShares Trust’s previous monthly dividend of $0.02. The ex-dividend date was Thursday, March 1st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.26%.

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Institutional Ownership by Quarter for iShares Trust (NYSEARCA:IBMH)

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