iShares Global Timber & Forestry ETF $WOOD Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC reduced its position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 9.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 171,233 shares of the company’s stock after selling 18,395 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 5.28% of iShares Global Timber & Forestry ETF worth $12,223,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of WOOD. 1832 Asset Management L.P. lifted its stake in shares of iShares Global Timber & Forestry ETF by 12.3% in the second quarter. 1832 Asset Management L.P. now owns 289,265 shares of the company’s stock worth $21,220,000 after acquiring an additional 31,746 shares in the last quarter. Stamos Capital Partners L.P. increased its holdings in iShares Global Timber & Forestry ETF by 67.0% during the 2nd quarter. Stamos Capital Partners L.P. now owns 10,939 shares of the company’s stock worth $802,000 after purchasing an additional 4,389 shares during the last quarter. ONE Advisory Partners LLC acquired a new position in shares of iShares Global Timber & Forestry ETF in the 2nd quarter valued at approximately $215,000. Jones Financial Companies Lllp boosted its stake in shares of iShares Global Timber & Forestry ETF by 10,636.0% during the 1st quarter. Jones Financial Companies Lllp now owns 2,684 shares of the company’s stock valued at $202,000 after buying an additional 2,659 shares during the last quarter. Finally, Comprehensive Money Management Services LLC boosted its stake in shares of iShares Global Timber & Forestry ETF by 5.5% during the 3rd quarter. Comprehensive Money Management Services LLC now owns 21,975 shares of the company’s stock valued at $1,613,000 after buying an additional 1,141 shares during the last quarter.

iShares Global Timber & Forestry ETF Trading Up 0.3%

Shares of NASDAQ:WOOD opened at $76.99 on Friday. The company has a fifty day simple moving average of $71.94 and a 200 day simple moving average of $72.72. The firm has a market cap of $249.45 million, a PE ratio of 16.65 and a beta of 0.92. iShares Global Timber & Forestry ETF has a 12-month low of $66.25 and a 12-month high of $80.97.

iShares Global Timber & Forestry ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a $1.0553 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 297.0%.

About iShares Global Timber & Forestry ETF

iShares Global Timber & Forestry ETF, formerly iShares S&P Global Timber & Forestry Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global Timber & Forestry Index (the Index). The Index consists of approximately 25 publicly-traded companies engaged in the ownership, management or upstream supply chain of forests and timberlands. These include forest products companies, timber real estate investment trusts (REITs), paper products companies, paper packaging companies and agricultural products companies.