Trellis Advisors LLC Takes Position in iShares Russell 2000 Index (IWM)

Trellis Advisors LLC bought a new position in shares of iShares Russell 2000 Index (NYSEARCA:IWM) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 1,994 shares of the exchange traded fund’s stock, valued at approximately $304,000. iShares Russell 2000 Index makes up about 0.3% of Trellis Advisors LLC’s holdings, making the stock its 27th biggest holding.

Several other hedge funds and other institutional investors also recently bought and sold shares of IWM. Edge Wealth Management LLC raised its stake in iShares Russell 2000 Index by 1,138.2% in the 3rd quarter. Edge Wealth Management LLC now owns 681 shares of the exchange traded fund’s stock worth $101,000 after purchasing an additional 626 shares in the last quarter. LeJeune Puetz Investment Counsel LLC acquired a new stake in iShares Russell 2000 Index in the 3rd quarter worth about $104,000. Tiedemann Wealth Management LLC raised its stake in iShares Russell 2000 Index by 33.3% in the 3rd quarter. Tiedemann Wealth Management LLC now owns 14,757 shares of the exchange traded fund’s stock worth $115,000 after purchasing an additional 3,685 shares in the last quarter. FNY Managed Accounts LLC acquired a new stake in iShares Russell 2000 Index in the 3rd quarter worth about $118,000. Finally, Heritage Trust Co raised its stake in iShares Russell 2000 Index by 59.9% in the 3rd quarter. Heritage Trust Co now owns 1,001 shares of the exchange traded fund’s stock worth $148,000 after purchasing an additional 375 shares in the last quarter.

Shares of iShares Russell 2000 Index (NYSEARCA:IWM) traded up $0.66 during trading on Friday, reaching $158.16. 24,087,603 shares of the company’s stock traded hands, compared to its average volume of 20,063,244. iShares Russell 2000 Index has a twelve month low of $132.40 and a twelve month high of $158.86. The firm has a market cap of $42,960.00 and a PE ratio of 39.54.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Friday, December 22nd were paid a $0.5793 dividend. This is a boost from iShares Russell 2000 Index’s previous quarterly dividend of $0.35. The ex-dividend date was Thursday, December 21st. This represents a $2.32 annualized dividend and a yield of 1.47%. iShares Russell 2000 Index’s payout ratio is 48.00%.

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About iShares Russell 2000 Index

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.

Want to see what other hedge funds are holding IWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 Index (NYSEARCA:IWM).

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

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