HL Financial Services LLC raised its position in iShares Russell 1000 Value Index (NYSE:IWD) by 2.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,160 shares of the exchange traded fund’s stock after buying an additional 909 shares during the period. HL Financial Services LLC’s holdings in iShares Russell 1000 Value Index were worth $4,909,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Rand Wealth LLC increased its position in shares of iShares Russell 1000 Value Index by 5.9% in the second quarter. Rand Wealth LLC now owns 4,807 shares of the exchange traded fund’s stock worth $560,000 after buying an additional 266 shares during the period. IFP Advisors Inc increased its position in shares of iShares Russell 1000 Value Index by 1.4% in the second quarter. IFP Advisors Inc now owns 86,621 shares of the exchange traded fund’s stock worth $10,085,000 after buying an additional 1,213 shares during the period. Goelzer Investment Management Inc. increased its position in shares of iShares Russell 1000 Value Index by 2.1% in the second quarter. Goelzer Investment Management Inc. now owns 106,847 shares of the exchange traded fund’s stock worth $12,440,000 after buying an additional 2,184 shares during the period. Investment Partners Ltd. OH ADV increased its position in shares of iShares Russell 1000 Value Index by 11.2% in the second quarter. Investment Partners Ltd. OH ADV now owns 26,087 shares of the exchange traded fund’s stock worth $3,037,000 after buying an additional 2,636 shares during the period. Finally, Honkamp Krueger Financial Services Inc. increased its position in shares of iShares Russell 1000 Value Index by 23.3% in the second quarter. Honkamp Krueger Financial Services Inc. now owns 2,157 shares of the exchange traded fund’s stock worth $251,000 after buying an additional 408 shares during the period.

iShares Russell 1000 Value Index (NYSE IWD) opened at 117.22 on Tuesday. iShares Russell 1000 Value Index has a 52 week low of $102.07 and a 52 week high of $121.24. The stock’s 50 day moving average price is $116.50 and its 200-day moving average price is $115.26.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 12th. Stockholders of record on Monday, July 10th were given a dividend of $0.7172 per share. The ex-dividend date was Thursday, July 6th. This is an increase from iShares Russell 1000 Value Index’s previous quarterly dividend of $0.58. This represents a $2.87 annualized dividend and a dividend yield of 2.45%.

COPYRIGHT VIOLATION WARNING: “HL Financial Services LLC Has $4.91 Million Stake in iShares Russell 1000 Value Index (IWD)” was originally reported by Daily Political and is owned by of Daily Political. If you are accessing this article on another website, it was illegally stolen and republished in violation of U.S. and international copyright law. The legal version of this article can be viewed at https://www.dailypolitical.com/2017/08/08/hl-financial-services-llc-has-4-91-million-stake-in-ishares-russell-1000-value-index-iwd.html.

About iShares Russell 1000 Value Index

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).

Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value Index (NYSE:IWD).

Institutional Ownership by Quarter for iShares Russell 1000 Value Index (NYSE:IWD)

Receive News & Ratings for iShares Russell 1000 Value Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value Index and related companies with MarketBeat.com's FREE daily email newsletter.