5,698 Shares in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) Bought by Arkadios Wealth Advisors

Arkadios Wealth Advisors purchased a new position in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 5,698 shares of the company’s stock, valued at approximately $430,000. Arkadios Wealth Advisors owned 0.21% of iShares Global Timber & Forestry ETF at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of WOOD. Transce3nd LLC acquired a new stake in shares of iShares Global Timber & Forestry ETF during the fourth quarter worth $26,000. LRI Investments LLC lifted its holdings in shares of iShares Global Timber & Forestry ETF by 74.6% during the first quarter. LRI Investments LLC now owns 625 shares of the company’s stock worth $47,000 after purchasing an additional 267 shares during the period. Sunbelt Securities Inc. acquired a new stake in shares of iShares Global Timber & Forestry ETF during the fourth quarter worth $222,000. Matrix Trust Co acquired a new stake in shares of iShares Global Timber & Forestry ETF during the first quarter worth $228,000. Finally, Cerity Partners LLC lifted its holdings in shares of iShares Global Timber & Forestry ETF by 30.0% during the fourth quarter. Cerity Partners LLC now owns 3,082 shares of the company’s stock worth $235,000 after purchasing an additional 711 shares during the period.

iShares Global Timber & Forestry ETF Stock Performance

iShares Global Timber & Forestry ETF stock opened at $71.44 on Tuesday. iShares Global Timber & Forestry ETF has a one year low of $66.25 and a one year high of $86.79. The business has a fifty day moving average of $73.97 and a two-hundred day moving average of $75.19. The company has a market cap of $235.75 million, a P/E ratio of 16.65 and a beta of 1.08.

iShares Global Timber & Forestry ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 16th were issued a $0.749 dividend. This is an increase from iShares Global Timber & Forestry ETF’s previous dividend of $0.34. The ex-dividend date of this dividend was Monday, June 16th.

iShares Global Timber & Forestry ETF Company Profile

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.