Rehmann Capital Advisory Group Invests $785,000 in iShares Global Timber & Forestry ETF $WOOD

Rehmann Capital Advisory Group acquired a new stake in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 11,853 shares of the company’s stock, valued at approximately $785,000. Rehmann Capital Advisory Group owned 0.32% of iShares Global Timber & Forestry ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in WOOD. Oarsman Capital Inc. bought a new stake in shares of iShares Global Timber & Forestry ETF in the second quarter worth about $188,000. Rothschild Capital Partners LLC acquired a new position in shares of iShares Global Timber & Forestry ETF in the 2nd quarter valued at approximately $1,715,000. Global Retirement Partners LLC bought a new stake in iShares Global Timber & Forestry ETF during the 2nd quarter worth approximately $182,000. Fifth Third Securities Inc. increased its stake in iShares Global Timber & Forestry ETF by 11.8% during the 2nd quarter. Fifth Third Securities Inc. now owns 3,521 shares of the company’s stock worth $233,000 after purchasing an additional 373 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in iShares Global Timber & Forestry ETF by 46.9% during the 1st quarter. Bank of America Corp DE now owns 121,529 shares of the company’s stock worth $8,622,000 after buying an additional 38,778 shares during the period.

iShares Global Timber & Forestry ETF Stock Performance

Shares of WOOD opened at $71.24 on Thursday. The firm has a market cap of $265.01 million, a P/E ratio of 16.65 and a beta of 0.74. iShares Global Timber & Forestry ETF has a twelve month low of $64.53 and a twelve month high of $83.32. The firm’s 50 day moving average price is $70.09 and its two-hundred day moving average price is $70.37.

iShares Global Timber & Forestry ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $0.6286 dividend. The ex-dividend date of this dividend was Monday, June 15th.

iShares Global Timber & Forestry ETF 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. These include forest products companies, timber real estate investment trusts (REITs), paper products companies, paper packaging companies and agricultural products companies.