BB&T Corp lifted its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 9.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 487,072 shares of the company’s stock after acquiring an additional 41,971 shares during the quarter. iShares Russell Mid-Cap ETF accounts for approximately 1.9% of BB&T Corp’s holdings, making the stock its 5th largest position. BB&T Corp’s holdings in iShares Russell Mid-Cap ETF were worth $107,399,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of IWR. WealthTrust Fairport LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 1st quarter worth approximately $102,000. Fiduciary Group LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 2nd quarter worth approximately $204,000. Dynamic Advisor Solutions LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 2nd quarter worth approximately $208,000. Obermeyer Wood Investment Counsel Lllp bought a new stake in shares of iShares Russell Mid-Cap ETF in the 2nd quarter worth approximately $209,000. Finally, Bradley Foster & Sargent Inc. CT bought a new stake in shares of iShares Russell Mid-Cap ETF in the 2nd quarter worth approximately $216,000.
Shares of NYSEARCA IWR traded down $0.71 during mid-day trading on Wednesday, hitting $209.61. The company had a trading volume of 15,273 shares, compared to its average volume of 180,590. iShares Russell Mid-Cap ETF has a 12 month low of $195.18 and a 12 month high of $224.91.
The business also recently declared a quarterly dividend, which was paid on Tuesday, October 2nd. Investors of record on Thursday, September 27th were issued a $1.2264 dividend. This is an increase from iShares Russell Mid-Cap ETF’s previous quarterly dividend of $0.90. The ex-dividend date of this dividend was Wednesday, September 26th. This represents a $4.91 annualized dividend and a dividend yield of 2.34%.
About iShares Russell Mid-Cap ETF
iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap 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 Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market.
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