Mosaic Financial Partners Inc. decreased its position in shares of iShares Russell 1000 Index (NYSEARCA:IWB) by 49.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 31,865 shares of the company’s stock after selling 31,372 shares during the period. iShares Russell 1000 Index comprises 2.3% of Mosaic Financial Partners Inc.’s investment portfolio, making the stock its 16th biggest holding. Mosaic Financial Partners Inc.’s holdings in iShares Russell 1000 Index were worth $3,962,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Diversified Trust Co acquired a new stake in shares of iShares Russell 1000 Index during the 4th quarter worth approximately $238,000. Cordasco Financial Network grew its stake in shares of iShares Russell 1000 Index by 0.7% during the 4th quarter. Cordasco Financial Network now owns 232,928 shares of the company’s stock worth $34,615,000 after purchasing an additional 1,707 shares during the period. BKD Wealth Advisors LLC grew its stake in shares of iShares Russell 1000 Index by 11.5% during the 4th quarter. BKD Wealth Advisors LLC now owns 12,675 shares of the company’s stock worth $1,884,000 after purchasing an additional 1,305 shares during the period. Capital Investment Advisors LLC acquired a new stake in shares of iShares Russell 1000 Index during the 4th quarter worth approximately $346,000. Finally, Creative Planning grew its stake in shares of iShares Russell 1000 Index by 1.1% during the 4th quarter. Creative Planning now owns 477,654 shares of the company’s stock worth $70,985,000 after purchasing an additional 4,983 shares during the period.

Shares of iShares Russell 1000 Index (IWB) opened at $156.02 on Monday. iShares Russell 1000 Index has a one year low of $125.58 and a one year high of $156.02. The stock has a market cap of $21,150.00 and a price-to-earnings ratio of 13.26.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Friday, December 22nd were paid a $0.6424 dividend. The ex-dividend date was Thursday, December 21st. This represents a $2.57 dividend on an annualized basis and a yield of 1.65%. iShares Russell 1000 Index’s dividend payout ratio is currently 20.65%.

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iShares Russell 1000 Index Profile

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 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 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.

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Institutional Ownership by Quarter for iShares Russell 1000 Index (NYSEARCA:IWB)

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