iShares Dow Jones US ETF (NYSEARCA:IYY) Shares Sold by First Republic Investment Management Inc. – Fairfield Current

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First Republic Investment Management Inc. lowered its stake in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 40.3% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 1,555 shares of the company’s stock after selling 1,049 shares during the period. First Republic Investment Management Inc.’s holdings in iShares Dow Jones U.S. ETF were worth $212,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Cornerstone Wealth Management LLC acquired a new position in shares of iShares Dow Jones U.S. ETF during the second quarter valued at about $395,000. Comerica Bank raised its position in shares of iShares Dow Jones U.S. ETF by 966.7% during the second quarter. Comerica Bank now owns 52,835 shares of the company’s stock valued at $7,441,000 after buying an additional 47,882 shares during the last quarter. Citadel Advisors LLC raised its position in shares of iShares Dow Jones U.S. ETF by 817.8% during the second quarter. Citadel Advisors LLC now owns 23,010 shares of the company’s stock valued at $3,137,000 after buying an additional 20,503 shares during the last quarter. Ibex Wealth Advisors acquired a new position in shares of iShares Dow Jones U.S. ETF during the first quarter valued at about $1,562,000. Finally, Private Capital Group LLC raised its position in shares of iShares Dow Jones U.S. ETF by 6,137.7% during the first quarter. Private Capital Group LLC now owns 10,105 shares of the company’s stock valued at $1,335,000 after buying an additional 9,943 shares during the last quarter.

NYSEARCA IYY traded down $0.28 on Monday, reaching $137.49. The company’s stock had a trading volume of 6,677 shares, compared to its average volume of 27,211. iShares Dow Jones U.S. ETF has a 52 week low of $126.60 and a 52 week high of $147.61.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Investors of record on Thursday, September 27th were paid a $0.6005 dividend. The ex-dividend date was Wednesday, September 26th. This represents a $2.40 dividend on an annualized basis and a yield of 1.75%. This is a boost from iShares Dow Jones U.S. ETF’s previous quarterly dividend of $0.54.

iShares Dow Jones U.S. ETF Profile

iShares Dow Jones US ETF, formerly iShares Dow Jones U.S. Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Index (the Index). The Index measures the performance of the broad United States equity market, and is consisted of all of the companies in the Dow Jones Large-Cap Index, Dow Jones Mid-Cap Index and Dow Jones Small-Cap Index.

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