iShares Russell 3000 Value Index (IUSV) Shares Sold by Steinberg Global Asset Management

Steinberg Global Asset Management lowered its stake in iShares Russell 3000 Value Index (BMV:IUSV) by 27.8% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 233,957 shares of the company’s stock after selling 90,117 shares during the quarter. iShares Russell 3000 Value Index accounts for approximately 1.9% of Steinberg Global Asset Management’s portfolio, making the stock its 12th largest position. Steinberg Global Asset Management’s holdings in iShares Russell 3000 Value Index were worth $12,428,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in IUSV. Bank of America Corp DE increased its stake in shares of iShares Russell 3000 Value Index by 14.7% in the 4th quarter. Bank of America Corp DE now owns 29,537,875 shares of the company’s stock valued at $1,450,015,000 after acquiring an additional 3,793,427 shares in the last quarter. BlackRock Inc. increased its stake in shares of iShares Russell 3000 Value Index by 4,817.5% in the 3rd quarter. BlackRock Inc. now owns 1,469,951 shares of the company’s stock valued at $82,876,000 after acquiring an additional 1,440,059 shares in the last quarter. LPL Financial LLC increased its stake in iShares Russell 3000 Value Index by 7.2% during the 4th quarter. LPL Financial LLC now owns 9,504,585 shares of the company’s stock valued at $466,580,000 after purchasing an additional 634,747 shares in the last quarter. Confluence Investment Management LLC increased its stake in iShares Russell 3000 Value Index by 4,367.1% during the 4th quarter. Confluence Investment Management LLC now owns 595,505 shares of the company’s stock valued at $29,233,000 after purchasing an additional 582,174 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its stake in iShares Russell 3000 Value Index by 378.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 495,335 shares of the company’s stock valued at $24,316,000 after purchasing an additional 391,827 shares in the last quarter.

IUSV stock traded down $0.04 during midday trading on Monday, reaching $56.49. iShares Russell 3000 Value Index has a 1-year low of $905.35 and a 1-year high of $1,088.00.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st were paid a dividend of $0.3116 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $1.25 dividend on an annualized basis and a yield of 2.21%.

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Institutional Ownership by Quarter for iShares Russell 3000 Value Index (BMV:IUSV)

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