iShares Global Timber & Forestry ETF (WOOD) Stake Decreased by Tortoise Investment Management LLC

Tortoise Investment Management LLC reduced its holdings in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 5.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,541 shares of the company’s stock after selling 700 shares during the quarter. Tortoise Investment Management LLC’s holdings in iShares Global Timber & Forestry ETF were worth $733,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in WOOD. Northwest Investment Counselors LLC lifted its holdings in shares of iShares Global Timber & Forestry ETF by 2.3% during the fourth quarter. Northwest Investment Counselors LLC now owns 138,354 shares of the company’s stock valued at $7,904,000 after purchasing an additional 3,087 shares in the last quarter. Blume Capital Management Inc. bought a new position in shares of iShares Global Timber & Forestry ETF during the fourth quarter valued at $2,533,000. Capital Advisors Inc. OK bought a new position in shares of iShares Global Timber & Forestry ETF during the fourth quarter valued at $3,254,000. Telemus Capital LLC bought a new position in shares of iShares Global Timber & Forestry ETF during the fourth quarter valued at $2,195,000. Finally, Tocqueville Asset Management L.P. bought a new position in shares of iShares Global Timber & Forestry ETF during the fourth quarter valued at $2,074,000.

Shares of NASDAQ:WOOD traded down $0.09 during midday trading on Friday, reaching $59.18. 1,705 shares of the company’s stock traded hands, compared to its average volume of 28,641. iShares Global Timber & Forestry ETF has a one year low of $55.06 and a one year high of $83.88.

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About iShares Global Timber & Forestry ETF

iShares Global Timber & Forestry ETF, formerly iShares S&P Global Timber & Forestry Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global Timber & Forestry Index (the Index). The Index consists of approximately 25 publicly-traded companies engaged in the ownership, management or upstream supply chain of forests and timberlands.

See Also: Special Dividends

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Institutional Ownership by Quarter for iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

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