ProVise Management Group LLC Sells 7,812 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

ProVise Management Group LLC lessened its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 66.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,972 shares of the company’s stock after selling 7,812 shares during the period. ProVise Management Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $214,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of IWR. Essex Savings Bank lifted its stake in iShares Russell Mid-Cap ETF by 12.3% in the 1st quarter. Essex Savings Bank now owns 1,820 shares of the company’s stock valued at $98,000 after purchasing an additional 200 shares during the last quarter. Litman Gregory Asset Management LLC lifted its stake in iShares Russell Mid-Cap ETF by 1.5% in the 1st quarter. Litman Gregory Asset Management LLC now owns 17,128 shares of the company’s stock valued at $924,000 after purchasing an additional 248 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in iShares Russell Mid-Cap ETF by 3.6% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 7,812 shares of the company’s stock valued at $421,000 after purchasing an additional 272 shares during the last quarter. JNBA Financial Advisors lifted its stake in iShares Russell Mid-Cap ETF by 8.9% in the 1st quarter. JNBA Financial Advisors now owns 3,680 shares of the company’s stock valued at $199,000 after purchasing an additional 301 shares during the last quarter. Finally, Garde Capital Inc. lifted its stake in iShares Russell Mid-Cap ETF by 3.3% in the 1st quarter. Garde Capital Inc. now owns 9,964 shares of the company’s stock valued at $538,000 after purchasing an additional 316 shares during the last quarter.

NYSEARCA:IWR traded up $0.47 on Friday, hitting $55.87. The company had a trading volume of 1,373,670 shares, compared to its average volume of 2,078,198. The company’s 50 day moving average price is $54.49. iShares Russell Mid-Cap ETF has a 52 week low of $43.64 and a 52 week high of $56.23.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 21st. Shareholders of record on Tuesday, June 18th were given a $0.1933 dividend. This is a boost from iShares Russell Mid-Cap ETF’s previous quarterly dividend of $0.18. This represents a $0.77 annualized dividend and a yield of 1.38%. The ex-dividend date was Monday, June 17th.

iShares Russell Mid-Cap ETF Company Profile

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market.

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Institutional Ownership by Quarter for iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

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