Steinberg Global Asset Management decreased its stake in shares of iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 7.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 338,922 shares of the company’s stock after selling 27,878 shares during the quarter. iShares Edge MSCI Min Vol USA ETF accounts for 2.7% of Steinberg Global Asset Management’s holdings, making the stock its 6th largest position. Steinberg Global Asset Management’s holdings in iShares Edge MSCI Min Vol USA ETF were worth $17,600,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Tower Research Capital LLC TRC increased its position in iShares Edge MSCI Min Vol USA ETF by 254.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,900 shares of the company’s stock valued at $222,000 after buying an additional 2,800 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of iShares Edge MSCI Min Vol USA ETF by 18.1% in the third quarter. Thrivent Financial for Lutherans now owns 88,073 shares of the company’s stock valued at $5,024,000 after purchasing an additional 13,486 shares during the period. Vista Private Wealth Partners. LLC acquired a new position in shares of iShares Edge MSCI Min Vol USA ETF in the third quarter valued at about $270,000. Mutual Advisors LLC increased its holdings in shares of iShares Edge MSCI Min Vol USA ETF by 9.0% in the third quarter. Mutual Advisors LLC now owns 29,234 shares of the company’s stock valued at $1,667,000 after purchasing an additional 2,416 shares during the period. Finally, Great Lakes Advisors LLC acquired a new position in shares of iShares Edge MSCI Min Vol USA ETF in the third quarter valued at about $5,030,000.

Shares of USMV stock traded up $0.08 during mid-day trading on Monday, reaching $59.51. The stock had a trading volume of 3,625,173 shares. iShares Edge MSCI Min Vol USA ETF has a 1-year low of $47.44 and a 1-year high of $55.45.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were issued a $0.2363 dividend. The ex-dividend date was Wednesday, March 20th. This is a positive change from iShares Edge MSCI Min Vol USA ETF’s previous quarterly dividend of $0.03. This represents a $0.95 dividend on an annualized basis and a dividend yield of 1.59%.

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

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