iShares Dow Jones US Reg Banks Ind. (IAT) Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC cut its position in shares of iShares Dow Jones US Reg Banks Ind. (BMV:IAT) by 3.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 16,820 shares of the company’s stock after selling 551 shares during the period. Merit Financial Group LLC’s holdings in iShares Dow Jones US Reg Banks Ind. were worth $670,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the company. PNC Financial Services Group Inc. boosted its stake in shares of iShares Dow Jones US Reg Banks Ind. by 15.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 8,731 shares of the company’s stock worth $429,000 after acquiring an additional 1,165 shares in the last quarter. Credit Suisse AG boosted its stake in shares of iShares Dow Jones US Reg Banks Ind. by 373.8% during the 3rd quarter. Credit Suisse AG now owns 28,775 shares of the company’s stock worth $1,410,000 after acquiring an additional 22,702 shares in the last quarter. Sunbelt Securities Inc. bought a new stake in shares of iShares Dow Jones US Reg Banks Ind. during the 3rd quarter worth $206,000. Jane Street Group LLC bought a new stake in shares of iShares Dow Jones US Reg Banks Ind. during the 3rd quarter worth $2,133,000. Finally, Brasada Capital Management LP bought a new stake in shares of iShares Dow Jones US Reg Banks Ind. during the 4th quarter worth $88,000.

Shares of IAT traded down $0.02 during trading hours on Monday, hitting $42.14. 252 shares of the company were exchanged, compared to its average volume of 374. iShares Dow Jones US Reg Banks Ind. has a one year low of $722.70 and a one year high of $1,007.01.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st will be paid a dividend of $0.2142 per share. This represents a $0.86 annualized dividend and a dividend yield of 2.03%. The ex-dividend date of this dividend is Wednesday, March 20th.

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Institutional Ownership by Quarter for iShares Dow Jones US Reg Banks Ind. (BMV:IAT)

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