Steward Partners Investment Advisory LLC boosted its position in iShares Russell 1000 Value Index (NYSEARCA:IWD) by 37.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 175,805 shares of the exchange traded fund’s stock after purchasing an additional 47,702 shares during the period. iShares Russell 1000 Value Index comprises 1.7% of Steward Partners Investment Advisory LLC’s investment portfolio, making the stock its 8th biggest position. Steward Partners Investment Advisory LLC’s holdings in iShares Russell 1000 Value Index were worth $21,859,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. V Wealth Management LLC grew its position in shares of iShares Russell 1000 Value Index by 10.1% during the 4th quarter. V Wealth Management LLC now owns 10,530 shares of the exchange traded fund’s stock valued at $1,348,000 after acquiring an additional 966 shares during the period. Diversified Trust Co grew its position in shares of iShares Russell 1000 Value Index by 3.8% during the 4th quarter. Diversified Trust Co now owns 21,971 shares of the exchange traded fund’s stock valued at $2,732,000 after acquiring an additional 807 shares during the period. Mather Group LLC. grew its position in shares of iShares Russell 1000 Value Index by 1.1% during the 4th quarter. Mather Group LLC. now owns 368,720 shares of the exchange traded fund’s stock valued at $45,847,000 after acquiring an additional 4,182 shares during the period. Carroll Financial Associates Inc. grew its position in shares of iShares Russell 1000 Value Index by 30.5% during the 4th quarter. Carroll Financial Associates Inc. now owns 3,250 shares of the exchange traded fund’s stock valued at $404,000 after acquiring an additional 759 shares during the period. Finally, Berkshire Asset Management LLC PA grew its position in shares of iShares Russell 1000 Value Index by 6.1% during the 4th quarter. Berkshire Asset Management LLC PA now owns 32,142 shares of the exchange traded fund’s stock valued at $3,997,000 after acquiring an additional 1,858 shares during the period.

iShares Russell 1000 Value Index (NYSEARCA IWD) opened at $129.05 on Monday. iShares Russell 1000 Value Index has a 52-week low of $111.60 and a 52-week high of $129.14. The firm has a market cap of $41,390.00 and a P/E ratio of 15.66.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Friday, December 22nd were given a dividend of $0.6349 per share. This represents a $2.54 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date 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 Company 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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