Sumitomo Mitsui Trust Group Inc. Has $3.45 Million Holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 31.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 128,293 shares of the company’s stock after purchasing an additional 31,000 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 0.54% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $3,445,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Ameritas Advisory Services LLC bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 2nd quarter worth approximately $30,000. Union Bancaire Privee UBP SA bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter worth $40,000. Tcfg Wealth Management LLC acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter valued at $211,000. Raymond James Financial Inc. bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the second quarter valued at about $216,000. Finally, Security Financial Services INC. increased its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 6.9% in the third quarter. Security Financial Services INC. now owns 8,313 shares of the company’s stock worth $223,000 after purchasing an additional 536 shares during the period. 1.80% of the stock is owned by institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

iShares GSCI Commodity Dynamic Roll Strategy ETF stock opened at $25.68 on Monday. The company has a market cap of $654.84 million, a PE ratio of -12.41 and a beta of 0.23. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1 year low of $23.11 and a 1 year high of $27.62. The company’s 50-day moving average is $26.02 and its two-hundred day moving average is $26.36.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $1.9271 per share. This represents a yield of 795.0%. The ex-dividend date of this dividend was Tuesday, December 16th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s payout ratio is currently -59.90%.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.