Gradient Capital Advisors LLC trimmed its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 29.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,659 shares of the exchange traded fund’s stock after selling 701 shares during the period. Gradient Capital Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $254,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IWM. Alpha Windward LLC boosted its holdings in shares of iShares Russell 2000 ETF by 3.5% during the 1st quarter. Alpha Windward LLC now owns 15,648 shares of the exchange traded fund’s stock worth $2,396,000 after buying an additional 526 shares during the period. Arbor Investment Advisors LLC boosted its holdings in shares of iShares Russell 2000 ETF by 0.5% during the 1st quarter. Arbor Investment Advisors LLC now owns 47,418 shares of the exchange traded fund’s stock worth $7,259,000 after buying an additional 229 shares during the period. Paragon Capital Management LLC boosted its holdings in shares of iShares Russell 2000 ETF by 8.1% during the 1st quarter. Paragon Capital Management LLC now owns 26,587 shares of the exchange traded fund’s stock worth $4,070,000 after buying an additional 2,002 shares during the period. Portland Global Advisors LLC boosted its holdings in shares of iShares Russell 2000 ETF by 2.9% during the 1st quarter. Portland Global Advisors LLC now owns 53,086 shares of the exchange traded fund’s stock worth $8,127,000 after buying an additional 1,481 shares during the period. Finally, Farmers & Merchants Trust Co of Chambersburg PA boosted its holdings in shares of iShares Russell 2000 ETF by 148.0% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 1,178 shares of the exchange traded fund’s stock worth $180,000 after buying an additional 703 shares during the period.

NYSEARCA IWM opened at $157.54 on Wednesday. iShares Russell 2000 ETF has a 1 year low of $125.81 and a 1 year high of $173.39.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were issued a dividend of $0.4121 per share. This represents a $1.65 annualized dividend and a dividend yield of 1.05%. The ex-dividend date was Wednesday, March 20th.

TRADEMARK VIOLATION NOTICE: “Gradient Capital Advisors LLC Sells 701 Shares of iShares Russell 2000 ETF (IWM)” was first posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright law. The original version of this story can be viewed at https://theolympiareport.com/2019/04/17/gradient-capital-advisors-llc-sells-701-shares-of-ishares-russell-2000-etf-iwm.html.

About iShares Russell 2000 ETF

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.

Further Reading: Stock Symbol

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

Receive News & Ratings for iShares Russell 2000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.