River & Mercantile LLC Reduces Holdings in iShares Edge MSCI USA Quality Factor ETF (QUAL)

River & Mercantile LLC lessened its stake in shares of iShares Edge MSCI USA Quality Factor ETF (BATS:QUAL) by 13.4% during the 3rd quarter, Holdings Channel reports. The firm owned 64,330 shares of the company’s stock after selling 9,940 shares during the quarter. iShares Edge MSCI USA Quality Factor ETF comprises approximately 6.3% of River & Mercantile LLC’s investment portfolio, making the stock its 5th largest position. River & Mercantile LLC’s holdings in iShares Edge MSCI USA Quality Factor ETF were worth $5,814,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Beacon Capital Management Inc. purchased a new stake in shares of iShares Edge MSCI USA Quality Factor ETF in the 2nd quarter valued at $115,000. Kabarec Financial Advisors Ltd. purchased a new stake in shares of iShares Edge MSCI USA Quality Factor ETF in the 2nd quarter valued at $165,000. Partnervest Advisory Services LLC purchased a new stake in shares of iShares Edge MSCI USA Quality Factor ETF in the 2nd quarter valued at $212,000. Bank of New York Mellon Corp purchased a new stake in shares of iShares Edge MSCI USA Quality Factor ETF in the 2nd quarter valued at $214,000. Finally, Visionary Asset Management Inc. purchased a new stake in shares of iShares Edge MSCI USA Quality Factor ETF in the 2nd quarter valued at $225,000.

Shares of QUAL stock traded down $0.84 during trading hours on Thursday, hitting $85.51. The company’s stock had a trading volume of 59,690 shares. iShares Edge MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63.

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Investors of record on Thursday, September 27th were paid a $0.3683 dividend. This represents a $1.47 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend was Wednesday, September 26th.

Further Reading: Dow Jones Industrial Average (DJIA)

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

Institutional Ownership by Quarter for iShares Edge MSCI USA Quality Factor ETF (BATS:QUAL)

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