SBI Securities Co. Ltd. Takes $44,000 Position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

SBI Securities Co. Ltd. purchased a new stake in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 573 shares of the company’s stock, valued at approximately $44,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of WOOD. Brookstone Capital Management increased its position in shares of iShares Global Timber & Forestry ETF by 14.4% in the fourth quarter. Brookstone Capital Management now owns 4,604 shares of the company’s stock worth $351,000 after purchasing an additional 581 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of iShares Global Timber & Forestry ETF in the third quarter worth approximately $380,000. MML Investors Services LLC increased its position in shares of iShares Global Timber & Forestry ETF by 5.4% in the third quarter. MML Investors Services LLC now owns 3,134 shares of the company’s stock worth $270,000 after purchasing an additional 161 shares during the last quarter. Larson Financial Group LLC increased its position 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 worth $138,000 after purchasing an additional 1,411 shares during the last quarter. Finally, LRI Investments LLC bought a new position in shares of iShares Global Timber & Forestry ETF in the third quarter worth approximately $31,000.

iShares Global Timber & Forestry ETF Trading Down 0.2 %

WOOD stock opened at $77.51 on Wednesday. The company’s 50 day moving average is $78.47 and its 200 day moving average is $80.19. The stock has a market cap of $241.83 million, a price-to-earnings ratio of 19.76 and a beta of 1.08. iShares Global Timber & Forestry ETF has a 1-year low of $74.66 and a 1-year high of $86.79.

iShares Global Timber & Forestry ETF Announces Dividend

The firm also recently declared 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 of this dividend 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.