IMA Wealth Inc. Acquires 1,740 Shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

IMA Wealth Inc. increased its holdings in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 498.6% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 2,089 shares of the company’s stock after buying an additional 1,740 shares during the quarter. IMA Wealth Inc.’s holdings in iShares Core S&P Mid-Cap ETF were worth $396,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Resources Management Corp CT ADV bought a new stake in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter valued at about $26,000. Live Your Vision LLC lifted its position in shares of iShares Core S&P Mid-Cap ETF by 49.1% during the 1st quarter. Live Your Vision LLC now owns 170 shares of the company’s stock valued at $33,000 after buying an additional 56 shares in the last quarter. Phocas Financial Corp. purchased a new position in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter valued at about $29,000. Capital Investment Counsel Inc purchased a new position in shares of iShares Core S&P Mid-Cap ETF during the 1st quarter valued at about $35,000. Finally, Westside Investment Management Inc. purchased a new position in shares of iShares Core S&P Mid-Cap ETF during the 4th quarter valued at about $34,000.

Shares of IJH stock traded up $2.45 during trading hours on Friday, reaching $194.26. 1,434,289 shares of the company traded hands, compared to its average volume of 1,226,183. The stock’s 50-day moving average price is $188.93. iShares Core S&P Mid-Cap ETF has a 12-month low of $156.13 and a 12-month high of $205.47.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Tuesday, June 18th were issued a $0.8768 dividend. The ex-dividend date was Monday, June 17th. This is a boost from iShares Core S&P Mid-Cap ETF’s previous quarterly dividend of $0.70. This represents a $3.51 dividend on an annualized basis and a yield of 1.81%.

About iShares Core S&P Mid-Cap ETF

Ishares S&P Midcap 400 Index Fund, formerly The iShares Core S&P Mid-Cap ETF (the Fund), seeks investment results that correspond to the price and yield performance, before fees and expenses, of the United States mid-cap stocks, as represented by the Standard & Poor’s MidCap 400 (the Underlying Index).

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Institutional Ownership by Quarter for iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH)

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