Tiaa Fsb Sells 20,658,790 Shares of iShares Russell Mid-Cap Value ETF (IWS)

Tiaa Fsb cut its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 86.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,183,705 shares of the company’s stock after selling 20,658,790 shares during the quarter. iShares Russell Mid-Cap Value ETF comprises 2.2% of Tiaa Fsb’s investment portfolio, making the stock its 11th biggest position. Tiaa Fsb’s holdings in iShares Russell Mid-Cap Value ETF were worth $276,536,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Market Street Wealth Management Advisors LLC acquired a new position in iShares Russell Mid-Cap Value ETF during the first quarter worth about $201,000. Ropes Wealth Advisors LLC boosted its position in iShares Russell Mid-Cap Value ETF by 64.6% during the first quarter. Ropes Wealth Advisors LLC now owns 591 shares of the company’s stock worth $51,000 after acquiring an additional 232 shares during the last quarter. WP Advisors LLC acquired a new position in iShares Russell Mid-Cap Value ETF during the first quarter worth about $25,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in iShares Russell Mid-Cap Value ETF during the first quarter worth about $61,000. Finally, Mercer Global Advisors Inc. ADV acquired a new position in iShares Russell Mid-Cap Value ETF during the first quarter worth about $607,000.

IWS traded down $0.32 on Monday, reaching $89.29. 329,513 shares of the company’s stock were exchanged, compared to its average volume of 606,271. iShares Russell Mid-Cap Value ETF has a twelve month low of $71.90 and a twelve month high of $92.54.

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st were issued a $0.3921 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $1.57 annualized dividend and a yield of 1.76%.

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About iShares Russell Mid-Cap Value ETF

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value 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 Midcap Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market.

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Institutional Ownership by Quarter for iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

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