Sentinel Advisory Group LLC Makes New $866,000 Investment in iShares Morningstar Mid-Cap Value ETF $IMCV

Sentinel Advisory Group LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,218 shares of the company’s stock, valued at approximately $866,000. iShares Morningstar Mid-Cap Value ETF makes up 0.4% of Sentinel Advisory Group LLC’s investment portfolio, making the stock its 27th biggest position.

Several other large investors also recently modified their holdings of IMCV. International Assets Investment Management LLC acquired a new position in shares of iShares Morningstar Mid-Cap Value ETF in the 1st quarter worth approximately $26,000. Russell Investments Group Ltd. lifted its position in shares of iShares Morningstar Mid-Cap Value ETF by 394.4% during the 4th quarter. Russell Investments Group Ltd. now owns 351 shares of the company’s stock worth $29,000 after buying an additional 280 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in iShares Morningstar Mid-Cap Value ETF in the 4th quarter valued at $34,000. Wealth Watch Advisors INC acquired a new stake in iShares Morningstar Mid-Cap Value ETF in the 3rd quarter valued at $35,000. Finally, Bessemer Group Inc. bought a new stake in iShares Morningstar Mid-Cap Value ETF in the first quarter valued at $53,000.

iShares Morningstar Mid-Cap Value ETF Price Performance

Shares of NASDAQ:IMCV opened at $95.06 on Friday. The business’s fifty day moving average price is $91.46 and its two-hundred day moving average price is $88.33. iShares Morningstar Mid-Cap Value ETF has a fifty-two week low of $75.64 and a fifty-two week high of $95.46. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 16.35 and a beta of 0.86.

iShares Morningstar Mid-Cap Value ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.418 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.67 annualized dividend and a dividend yield of 1.8%. This is a boost from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.35.

About iShares Morningstar Mid-Cap Value ETF

The iShares Morningstar Mid-Cap Value ETF (IMCV) is an exchange-traded fund that is based on the Morningstar US Mid Cap Broad Value index. The fund tracks a market cap-weighted index of US mid-cap stocks companies selected based on their value characteristics. IMCV was launched on Jun 28, 2004 and is managed by BlackRock.