iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) to Issue Dividend Increase – $0.52 Per Share

iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCVGet Free Report) announced a quarterly dividend on Monday, September 14th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.5179 per share on Friday, September 18th. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Tuesday, September 15th. This is a 23.9% increase from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.42.

iShares Morningstar Mid-Cap Value ETF Trading Up 0.1%

Shares of NASDAQ:IMCV opened at $96.24 on Tuesday. The firm’s 50 day moving average is $96.18 and its two-hundred day moving average is $91.03. The firm has a market capitalization of $1.17 billion, a P/E ratio of 16.35 and a beta of 0.86. iShares Morningstar Mid-Cap Value ETF has a 52 week low of $77.65 and a 52 week high of $99.01.

Institutional Trading of iShares Morningstar Mid-Cap Value ETF

Several large investors have recently added to or reduced their stakes in IMCV. International Assets Investment Management LLC bought a new position in shares of iShares Morningstar Mid-Cap Value ETF in the first quarter worth $26,000. Godfrey Financial Associates Inc. bought a new stake in shares of iShares Morningstar Mid-Cap Value ETF during the fourth quarter valued at about $34,000. Bessemer Group Inc. acquired a new stake in iShares Morningstar Mid-Cap Value ETF in the first quarter worth about $53,000. Western Wealth Management LLC acquired a new stake in iShares Morningstar Mid-Cap Value ETF in the first quarter worth about $132,000. Finally, Basepoint Wealth LLC bought a new position in iShares Morningstar Mid-Cap Value ETF in the 4th quarter valued at about $137,000.

iShares Morningstar Mid-Cap Value ETF Company Profile

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The iShares Morningstar Mid-Cap Value ETF (IMCV) is an exchange-traded fund that is based on the Morningstar US Mid Cap Broad Value index. The fund tracks a market cap-weighted index of US mid-cap stocks companies selected based on their value characteristics. IMCV was launched on Jun 28, 2004 and is managed by BlackRock.

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Dividend History for iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV)

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