Tortoise Investment Management LLC Has $371,000 Position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Tortoise Investment Management LLC lessened its holdings in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 11.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,857 shares of the company’s stock after selling 650 shares during the quarter. Tortoise Investment Management LLC owned 0.16% of iShares Global Timber & Forestry ETF worth $371,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of WOOD. Larson Financial Group LLC increased 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 purchasing an additional 1,411 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in iShares Global Timber & Forestry ETF during the 3rd quarter valued at $380,000. MML Investors Services LLC increased its stake in iShares Global Timber & Forestry ETF by 5.4% during the 3rd quarter. MML Investors Services LLC now owns 3,134 shares of the company’s stock valued at $270,000 after purchasing an additional 161 shares in the last quarter. LRI Investments LLC bought a new stake in iShares Global Timber & Forestry ETF during the 3rd quarter valued at $31,000. Finally, Brookstone Capital Management grew its stake in shares of iShares Global Timber & Forestry ETF by 14.4% in the 4th quarter. Brookstone Capital Management now owns 4,604 shares of the company’s stock worth $351,000 after acquiring an additional 581 shares in the last quarter.

iShares Global Timber & Forestry ETF Price Performance

NASDAQ WOOD opened at $77.77 on Tuesday. iShares Global Timber & Forestry ETF has a 1 year low of $74.66 and a 1 year high of $86.79. The firm has a market cap of $242.64 million, a price-to-earnings ratio of 19.76 and a beta of 1.08. The company has a fifty day moving average price of $78.45 and a 200-day moving average price of $80.22.

iShares Global Timber & Forestry ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $0.336 dividend. 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.