DDFG Inc Has $3.62 Million Stock Holdings in iShares Morningstar Mid-Cap Value ETF $IMCV

DDFG Inc lifted its holdings in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 41.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,069 shares of the company’s stock after purchasing an additional 13,154 shares during the quarter. iShares Morningstar Mid-Cap Value ETF makes up about 0.8% of DDFG Inc’s holdings, making the stock its 25th biggest position. DDFG Inc owned approximately 0.42% of iShares Morningstar Mid-Cap Value ETF worth $3,621,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IMCV. Raymond James Financial Inc. raised its holdings in iShares Morningstar Mid-Cap Value ETF by 18.2% during the second quarter. Raymond James Financial Inc. now owns 395,910 shares of the company’s stock valued at $30,081,000 after buying an additional 60,971 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of iShares Morningstar Mid-Cap Value ETF by 0.8% in the third quarter. Commonwealth Equity Services LLC now owns 272,231 shares of the company’s stock worth $21,874,000 after buying an additional 2,126 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 6.6% during the 2nd quarter. Bank of America Corp DE now owns 219,604 shares of the company’s stock worth $16,686,000 after buying an additional 13,649 shares during the period. Osaic Holdings Inc. grew its stake in iShares Morningstar Mid-Cap Value ETF by 5.0% in the 2nd quarter. Osaic Holdings Inc. now owns 218,051 shares of the company’s stock valued at $16,567,000 after buying an additional 10,319 shares during the last quarter. Finally, Matrix Trust Co raised its holdings in iShares Morningstar Mid-Cap Value ETF by 1.1% in the 3rd quarter. Matrix Trust Co now owns 204,066 shares of the company’s stock worth $16,397,000 after acquiring an additional 2,314 shares during the period.

iShares Morningstar Mid-Cap Value ETF Price Performance

IMCV stock opened at $86.54 on Friday. The stock has a market capitalization of $964.92 million, a price-to-earnings ratio of 16.35 and a beta of 0.96. The company has a 50-day moving average of $83.86 and a two-hundred day moving average of $80.92. iShares Morningstar Mid-Cap Value ETF has a 52-week low of $64.02 and a 52-week high of $87.59.

iShares Morningstar Mid-Cap Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $0.5403 dividend. This is an increase from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $2.16 dividend on an annualized basis and a yield of 2.5%.

iShares Morningstar Mid-Cap Value ETF Company Profile

The iShares Morningstar Mid-Cap Value ETF (IMCV) is an exchange-traded fund that is based on the Morningstar US Mid Cap Broad Value index. The fund tracks a market cap-weighted index of US mid-cap stocks companies selected based on their value characteristics. IMCV was launched on Jun 28, 2004 and is managed by BlackRock.