Aviance Capital Management LLC trimmed its holdings in iShares Dow Jones US Home Const. (NYSE:ITB) by 41.2% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 101,382 shares of the exchange traded fund’s stock after selling 70,958 shares during the quarter. Aviance Capital Management LLC’s holdings in iShares Dow Jones US Home Const. were worth $3,441,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Benjamin F. Edwards & Company Inc. grew its stake in shares of iShares Dow Jones US Home Const. by 44.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,503 shares of the exchange traded fund’s stock worth $153,000 after acquiring an additional 1,382 shares during the period. Loeb Partners Corp purchased a new position in shares of iShares Dow Jones US Home Const. during the second quarter valued at approximately $414,000. Janney Montgomery Scott LLC raised its holdings in shares of iShares Dow Jones US Home Const. by 139.7% during the second quarter. Janney Montgomery Scott LLC now owns 79,816 shares of the exchange traded fund’s stock valued at $2,709,000 after purchasing an additional 46,513 shares during the last quarter. David R. Rahn & Associates Inc. raised its holdings in shares of iShares Dow Jones US Home Const. by 0.3% during the second quarter. David R. Rahn & Associates Inc. now owns 30,050 shares of the exchange traded fund’s stock valued at $1,020,000 after purchasing an additional 100 shares during the last quarter. Finally, Dumont & Blake Investment Advisors LLC raised its holdings in shares of iShares Dow Jones US Home Const. by 1.0% during the second quarter. Dumont & Blake Investment Advisors LLC now owns 35,090 shares of the exchange traded fund’s stock valued at $1,191,000 after purchasing an additional 340 shares during the last quarter.

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Shares of iShares Dow Jones US Home Const. (NYSE:ITB) traded down 0.14% on Monday, reaching $36.49. 760,305 shares of the company were exchanged. The firm’s 50 day moving average price is $34.25 and its 200 day moving average price is $33.20. iShares Dow Jones US Home Const. has a 52 week low of $25.16 and a 52 week high of $36.92.

The business also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Wednesday, September 27th were paid a dividend of $0.0324 per share. This is a positive change from iShares Dow Jones US Home Const.’s previous quarterly dividend of $0.03. The ex-dividend date was Tuesday, September 26th. This represents a $0.13 dividend on an annualized basis and a yield of 0.35%.

iShares Dow Jones US Home Const. Profile

iShares U.S. Home Construction ETF, formerly iShares Dow Jones U.S. Home Construction Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Home Construction Index (the Index). The Index measures the performance of the home construction sector of the United States equity market, and includes companies that are constructors of residential homes, including manufacturers of mobile and prefabricated homes.

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Institutional Ownership by Quarter for iShares Dow Jones US Home Const. (NYSE:ITB)

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