iShares Russell 3000 Value Index (IUSV) Stake Increased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC grew its position in iShares Russell 3000 Value Index (BMV:IUSV) by 193.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 1,695,954 shares of the company’s stock after acquiring an additional 1,118,765 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in iShares Russell 3000 Value Index were worth $32,150,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in shares of iShares Russell 3000 Value Index by 15.6% in the 2nd quarter. Bank of America Corp DE now owns 22,798,982 shares of the company’s stock valued at $1,223,849,000 after buying an additional 3,068,344 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of iShares Russell 3000 Value Index by 604.5% in the 2nd quarter. Jones Financial Companies Lllp now owns 1,835,603 shares of the company’s stock valued at $98,462,000 after buying an additional 1,575,052 shares in the last quarter. Summit Rock Advisors LP boosted its holdings in shares of iShares Russell 3000 Value Index by 21.7% in the 2nd quarter. Summit Rock Advisors LP now owns 1,169,820 shares of the company’s stock valued at $62,796,000 after buying an additional 208,467 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of iShares Russell 3000 Value Index by 14.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,161,932 shares of the company’s stock valued at $62,372,000 after buying an additional 149,193 shares in the last quarter. Finally, United Services Automobile Association boosted its holdings in shares of iShares Russell 3000 Value Index by 8.5% in the 2nd quarter. United Services Automobile Association now owns 1,046,313 shares of the company’s stock valued at $56,166,000 after buying an additional 82,082 shares in the last quarter.

Shares of BMV:IUSV traded up $0.10 during trading on Friday, reaching $54.45. iShares Russell 3000 Value Index has a 12-month low of $905.35 and a 12-month high of $1,088.00.

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 2nd. Stockholders of record on Thursday, September 27th were issued a $0.3168 dividend. This represents a $1.27 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date of this dividend was Wednesday, September 26th.

Featured Story: How are Outstanding Shares Different from Authorized Shares?

Want to see what other hedge funds are holding IUSV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 3000 Value Index (BMV:IUSV).

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

Receive News & Ratings for iShares Russell 3000 Value Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 3000 Value Index and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply