Jim Saulnier & Associates LLC Acquires New Holdings in iShares Global Timber & Forestry ETF $WOOD

Jim Saulnier & Associates LLC bought a new position in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 15,639 shares of the company’s stock, valued at approximately $1,036,000.

Several other institutional investors also recently modified their holdings of WOOD. Jones Financial Companies Lllp grew its position in iShares Global Timber & Forestry ETF by 10,636.0% during the 1st quarter. Jones Financial Companies Lllp now owns 2,684 shares of the company’s stock worth $202,000 after acquiring an additional 2,659 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of iShares Global Timber & Forestry ETF by 7.1% in the second quarter. Captrust Financial Advisors now owns 5,291 shares of the company’s stock valued at $388,000 after buying an additional 351 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares Global Timber & Forestry ETF by 506.4% in the third quarter. JPMorgan Chase & Co. now owns 2,086 shares of the company’s stock valued at $153,000 after buying an additional 1,742 shares during the period. Raymond James Financial Inc. raised its holdings in iShares Global Timber & Forestry ETF by 42.0% in the 3rd quarter. Raymond James Financial Inc. now owns 7,377 shares of the company’s stock valued at $542,000 after buying an additional 2,182 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new stake in iShares Global Timber & Forestry ETF during the 3rd quarter worth approximately $29,000.

iShares Global Timber & Forestry ETF Stock Performance

Shares of NASDAQ WOOD opened at $71.73 on Friday. The stock has a market cap of $266.84 million, a P/E ratio of 16.65 and a beta of 0.74. iShares Global Timber & Forestry ETF has a 52-week low of $64.53 and a 52-week high of $83.32. The firm has a 50 day moving average price of $70.26 and a two-hundred day moving average price of $70.30.

iShares Global Timber & Forestry ETF Dividend Announcement

The company also recently announced a semiannual dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.6286 per share. This represents a yield of 184.0%. 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.