Steward Partners Investment Advisory LLC increased its stake in shares of iShares Edge MSCI Min Vol USA ETF (BATS:USMV) by 27.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 266,814 shares of the company’s stock after purchasing an additional 57,210 shares during the quarter. iShares Edge MSCI Min Vol USA ETF makes up about 0.7% of Steward Partners Investment Advisory LLC’s portfolio, making the stock its 21st largest holding. Steward Partners Investment Advisory LLC’s holdings in iShares Edge MSCI Min Vol USA ETF were worth $15,219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in the stock. Signature Estate & Investment Advisors LLC bought a new stake in iShares Edge MSCI Min Vol USA ETF during the 3rd quarter worth approximately $104,000. Beacon Capital Management Inc. bought a new stake in iShares Edge MSCI Min Vol USA ETF during the 2nd quarter worth approximately $124,000. Landaas & Co. WI ADV bought a new stake in iShares Edge MSCI Min Vol USA ETF during the 2nd quarter worth approximately $153,000. Pacific Sun Financial Corp bought a new stake in iShares Edge MSCI Min Vol USA ETF during the 2nd quarter worth approximately $205,000. Finally, Cornell Pochily Investment Advisors Inc. bought a new stake in iShares Edge MSCI Min Vol USA ETF during the 2nd quarter worth approximately $201,000.

USMV traded down $0.16 during trading on Tuesday, reaching $55.04. 4,557,379 shares of the company’s stock were exchanged. iShares Edge MSCI Min Vol USA ETF has a one year low of $47.44 and a one year high of $55.45.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Shareholders of record on Thursday, September 27th were issued a dividend of $0.2533 per share. This represents a $1.01 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date was Wednesday, September 26th.

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Institutional Ownership by Quarter for iShares Edge MSCI Min Vol USA ETF (BATS:USMV)

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