Brookstone Capital Management Acquires 581 Shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Brookstone Capital Management boosted its holdings in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 14.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,604 shares of the company’s stock after acquiring an additional 581 shares during the quarter. Brookstone Capital Management owned 0.21% of iShares Global Timber & Forestry ETF worth $351,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. MML Investors Services LLC lifted its position in iShares Global Timber & Forestry ETF by 5.4% in the 3rd quarter. MML Investors Services LLC now owns 3,134 shares of the company’s stock valued at $270,000 after acquiring an additional 161 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Global Timber & Forestry ETF by 1.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 32,675 shares of the company’s stock valued at $2,561,000 after buying an additional 518 shares during the last quarter. 1832 Asset Management L.P. raised its stake in iShares Global Timber & Forestry ETF by 2.6% during the 2nd quarter. 1832 Asset Management L.P. now owns 250,221 shares of the company’s stock valued at $19,610,000 after buying an additional 6,268 shares during the last quarter. Larson Financial Group LLC raised its stake in iShares Global Timber & Forestry ETF by 738.7% during the 3rd quarter. Larson Financial Group LLC now owns 1,602 shares of the company’s stock valued at $138,000 after buying an additional 1,411 shares during the last quarter. Finally, Truist Financial Corp raised its stake in iShares Global Timber & Forestry ETF by 2.4% during the 2nd quarter. Truist Financial Corp now owns 32,463 shares of the company’s stock valued at $2,544,000 after buying an additional 766 shares during the last quarter.

iShares Global Timber & Forestry ETF Trading Up 1.1 %

Shares of WOOD opened at $77.97 on Friday. The firm has a market cap of $243.27 million, a PE ratio of 6.98 and a beta of 1.08. The firm has a fifty day simple moving average of $78.36 and a two-hundred day simple moving average of $80.18. iShares Global Timber & Forestry ETF has a 1-year low of $73.83 and a 1-year high of $86.79.

iShares Global Timber & Forestry ETF Dividend Announcement

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

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.