Tiaa Fsb purchased a new stake in iShares Edge MSCI Min Vol USA ETF (BATS:USMV) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 18,587 shares of the company’s stock, valued at approximately $1,060,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in USMV. Millennium Management LLC raised its position in shares of iShares Edge MSCI Min Vol USA ETF by 7.9% in the first quarter. Millennium Management LLC now owns 83,048 shares of the company’s stock valued at $4,313,000 after buying an additional 6,073 shares in the last quarter. Royal Bank of Canada raised its position in iShares Edge MSCI Min Vol USA ETF by 2.4% during the first quarter. Royal Bank of Canada now owns 852,941 shares of the company’s stock valued at $44,295,000 after purchasing an additional 20,082 shares in the last quarter. Suntrust Banks Inc. raised its position in iShares Edge MSCI Min Vol USA ETF by 13.5% during the first quarter. Suntrust Banks Inc. now owns 185,610 shares of the company’s stock valued at $9,638,000 after purchasing an additional 22,118 shares in the last quarter. Mount Yale Investment Advisors LLC acquired a new position in iShares Edge MSCI Min Vol USA ETF during the first quarter valued at approximately $438,000. Finally, Private Trust Co. NA raised its position in iShares Edge MSCI Min Vol USA ETF by 12.3% during the second quarter. Private Trust Co. NA now owns 36,982 shares of the company’s stock valued at $1,965,000 after purchasing an additional 4,048 shares in the last quarter.

Shares of USMV opened at $55.39 on Monday. iShares Edge MSCI Min Vol USA ETF has a one year low of $47.44 and a one year high of $55.45.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 2nd. Shareholders of record on Thursday, September 27th were given a dividend of $0.2533 per share. The ex-dividend date was Wednesday, September 26th. This represents a $1.01 annualized dividend and a yield of 1.83%.

See Also: Return on Investment (ROI) Defined, Explained

Institutional Ownership by Quarter for iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

Receive News & Ratings for iShares Edge MSCI Min Vol USA ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Edge MSCI Min Vol USA ETF and related companies with MarketBeat.com's FREE daily email newsletter.