Trust Co. of Vermont Purchases Shares of 8,717 iShares Morningstar Mid-Cap Value ETF $IMCV

Trust Co. of Vermont acquired a new position in iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 8,717 shares of the company’s stock, valued at approximately $1,722,000. Trust Co. of Vermont owned 0.07% of iShares Morningstar Mid-Cap Value ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of IMCV. Royal Bank of Canada lifted its position in iShares Morningstar Mid-Cap Value ETF by 3.2% in the first quarter. Royal Bank of Canada now owns 37,503 shares of the company’s stock valued at $2,783,000 after purchasing an additional 1,168 shares during the last quarter. Jane Street Group LLC grew its position in shares of iShares Morningstar Mid-Cap Value ETF by 19.3% in the 1st quarter. Jane Street Group LLC now owns 4,265 shares of the company’s stock worth $316,000 after buying an additional 691 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares Morningstar Mid-Cap Value ETF by 95.9% in the second quarter. JPMorgan Chase & Co. now owns 18,151 shares of the company’s stock valued at $1,379,000 after acquiring an additional 8,884 shares in the last quarter. Baird Financial Group Inc. boosted its stake in shares of iShares Morningstar Mid-Cap Value ETF by 21.1% during the 2nd quarter. Baird Financial Group Inc. now owns 17,237 shares of the company’s stock valued at $1,310,000 after purchasing an additional 3,008 shares in the last quarter. Finally, Diversify Advisory Services LLC boosted its position in iShares Morningstar Mid-Cap Value ETF by 10.0% during the 2nd quarter. Diversify Advisory Services LLC now owns 16,776 shares of the company’s stock valued at $1,308,000 after acquiring an additional 1,532 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Price Performance

Shares of IMCV stock opened at $97.54 on Wednesday. iShares Morningstar Mid-Cap Value ETF has a twelve month low of $77.65 and a twelve month high of $98.46. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 16.35 and a beta of 0.86. The business’s fifty day moving average is $93.89 and its 200 day moving average is $89.76.

iShares Morningstar Mid-Cap Value ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $0.418 dividend. This represents a $1.67 dividend on an annualized basis and a yield of 1.7%. This is a boost from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.35. The ex-dividend date was Monday, June 15th.

iShares Morningstar Mid-Cap Value ETF Company Profile

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.