First United Bank Trust decreased its holdings in iShares Russell 1000 Value Index (NYSEARCA:IWD) by 11.1% in the 4th quarter, HoldingsChannel reports. The fund owned 28,320 shares of the exchange traded fund’s stock after selling 3,550 shares during the quarter. iShares Russell 1000 Value Index comprises about 2.3% of First United Bank Trust’s investment portfolio, making the stock its 7th biggest holding. First United Bank Trust’s holdings in iShares Russell 1000 Value Index were worth $3,521,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Capital Guardian Trust Co. purchased a new position in iShares Russell 1000 Value Index in the third quarter worth $105,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of iShares Russell 1000 Value Index in the third quarter valued at $112,000. Farmers National Bank increased its position in shares of iShares Russell 1000 Value Index by 26.1% in the second quarter. Farmers National Bank now owns 1,410 shares of the exchange traded fund’s stock valued at $164,000 after buying an additional 292 shares in the last quarter. Cable Hill Partners LLC increased its position in shares of iShares Russell 1000 Value Index by 13,230.8% in the third quarter. Cable Hill Partners LLC now owns 1,733 shares of the exchange traded fund’s stock valued at $205,000 after buying an additional 1,720 shares in the last quarter. Finally, WASHINGTON TRUST Co purchased a new position in shares of iShares Russell 1000 Value Index in the third quarter valued at $207,000.

Shares of iShares Russell 1000 Value Index (IWD) traded up $0.11 during mid-day trading on Tuesday, hitting $128.46. The stock had a trading volume of 2,898,100 shares, compared to its average volume of 2,991,778. iShares Russell 1000 Value Index has a twelve month low of $111.60 and a twelve month high of $128.44. The stock has a market capitalization of $41,420.00 and a PE ratio of 15.59.

The company also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Friday, December 22nd were given a $0.6349 dividend. This represents a $2.54 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date of this dividend was Thursday, December 21st. iShares Russell 1000 Value Index’s dividend payout ratio is currently 31.43%.

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iShares Russell 1000 Value Index Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).

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Institutional Ownership by Quarter for iShares Russell 1000 Value Index (NYSEARCA:IWD)

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