First Horizon Advisors Inc. Sells 357 Shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

First Horizon Advisors Inc. decreased its position in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 9.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,460 shares of the company’s stock after selling 357 shares during the period. First Horizon Advisors Inc. owned about 0.11% of iShares Global Timber & Forestry ETF worth $264,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of WOOD. Brookstone Capital Management increased its holdings in iShares Global Timber & Forestry ETF by 14.4% during the 4th quarter. Brookstone Capital Management now owns 4,604 shares of the company’s stock valued at $351,000 after purchasing an additional 581 shares in the last quarter. MML Investors Services LLC boosted its stake in 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 in the last quarter. Larson Financial Group LLC grew its holdings in shares of iShares Global Timber & Forestry ETF by 738.7% during 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. Flow Traders U.S. LLC acquired a new stake in shares of iShares Global Timber & Forestry ETF in the third quarter valued at $380,000. Finally, Creative Financial Designs Inc. ADV raised its holdings in shares of iShares Global Timber & Forestry ETF by 16.7% in the third quarter. Creative Financial Designs Inc. ADV now owns 896 shares of the company’s stock valued at $77,000 after buying an additional 128 shares during the last quarter.

iShares Global Timber & Forestry ETF Stock Up 0.4 %

Shares of NASDAQ WOOD opened at $79.33 on Wednesday. iShares Global Timber & Forestry ETF has a 12-month low of $74.66 and a 12-month high of $86.79. The firm’s 50-day simple moving average is $78.04 and its 200 day simple moving average is $80.26. The company has a market cap of $247.51 million, a price-to-earnings ratio of 19.76 and a beta of 1.08.

iShares Global Timber & Forestry ETF Announces Dividend

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