Eastern Bank raised its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 9,498.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 171,228 shares of the exchange traded fund’s stock after acquiring an additional 169,444 shares during the quarter. iShares Russell 2000 ETF makes up 1.8% of Eastern Bank’s portfolio, making the stock its 10th largest holding. Eastern Bank owned about 0.06% of iShares Russell 2000 ETF worth $26,213,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of IWM. Man Group plc bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at about $2,211,000. Resources Management Corp CT ADV bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at about $176,000. Neuberger Berman Group LLC lifted its stake in iShares Russell 2000 ETF by 0.5% during the third quarter. Neuberger Berman Group LLC now owns 365,258 shares of the exchange traded fund’s stock valued at $61,564,000 after buying an additional 1,886 shares in the last quarter. B. Riley Wealth Management Inc. purchased a new stake in iShares Russell 2000 ETF during the third quarter valued at about $530,000. Finally, Garde Capital Inc. lifted its stake in iShares Russell 2000 ETF by 70.2% during the third quarter. Garde Capital Inc. now owns 8,578 shares of the exchange traded fund’s stock valued at $1,300,000 after buying an additional 3,537 shares in the last quarter.

IWM stock opened at $155.64 on Friday. iShares Russell 2000 ETF has a one year low of $125.81 and a one year high of $173.39.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st were paid a dividend of $0.4121 per share. This represents a $1.65 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend was Wednesday, March 20th.

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iShares Russell 2000 ETF Company Profile

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index.

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Institutional Ownership by Quarter for iShares Russell 2000 ETF (NYSEARCA:IWM)

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