MML Investors Services LLC Increases Stock Holdings in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

MML Investors Services LLC raised its position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 5.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,134 shares of the company’s stock after acquiring an additional 161 shares during the quarter. MML Investors Services LLC owned approximately 0.14% of iShares Global Timber & Forestry ETF worth $270,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of WOOD. International Assets Investment Management LLC purchased a new stake in iShares Global Timber & Forestry ETF during the 2nd quarter worth approximately $26,000. Quent Capital LLC acquired a new position in shares of iShares Global Timber & Forestry ETF in the third quarter worth $39,000. Creative Financial Designs Inc. ADV increased its position in shares of iShares Global Timber & Forestry ETF by 16.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 896 shares of the company’s stock worth $77,000 after acquiring an additional 128 shares during the period. Larson Financial Group LLC raised its stake in shares of iShares Global Timber & Forestry ETF by 738.7% in the third quarter. Larson Financial Group LLC now owns 1,602 shares of the company’s stock valued at $138,000 after acquiring an additional 1,411 shares in the last quarter. Finally, Rather & Kittrell Inc. purchased a new position in iShares Global Timber & Forestry ETF in the third quarter valued at $210,000.

iShares Global Timber & Forestry ETF Price Performance

WOOD opened at $76.61 on Thursday. The business has a fifty day moving average price of $80.03 and a 200 day moving average price of $80.50. iShares Global Timber & Forestry ETF has a 12 month low of $73.83 and a 12 month high of $86.79. The stock has a market capitalization of $174.67 million, a price-to-earnings ratio of 6.98 and a beta of 1.08.

iShares Global Timber & Forestry ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $0.336 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.