Valeo Financial Advisors LLC bought a new stake in iShares US Utilities ETF (NYSEARCA:IDU) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 200 shares of the company’s stock, valued at approximately $29,000.
Several other hedge funds have also modified their holdings of the company. Oppenheimer & Co. Inc. raised its stake in shares of iShares US Utilities ETF by 3.4% in the 4th quarter. Oppenheimer & Co. Inc. now owns 3,154 shares of the company’s stock valued at $423,000 after acquiring an additional 104 shares during the period. Independence Bank of Kentucky raised its stake in shares of iShares US Utilities ETF by 5.5% in the 4th quarter. Independence Bank of Kentucky now owns 2,014 shares of the company’s stock valued at $270,000 after acquiring an additional 105 shares during the period. Simmons Bank increased its stake in iShares US Utilities ETF by 1.9% during the 4th quarter. Simmons Bank now owns 6,305 shares of the company’s stock worth $846,000 after buying an additional 117 shares during the period. Evanson Asset Management LLC increased its stake in iShares US Utilities ETF by 1.7% during the 1st quarter. Evanson Asset Management LLC now owns 9,760 shares of the company’s stock worth $1,438,000 after buying an additional 160 shares during the period. Finally, Csenge Advisory Group purchased a new stake in iShares US Utilities ETF during the 3rd quarter worth $25,000.
iShares US Utilities ETF stock opened at $144.88 on Thursday. iShares US Utilities ETF has a 12-month low of $123.24 and a 12-month high of $149.41.
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were paid a dividend of $1.0948 per share. This is an increase from iShares US Utilities ETF’s previous quarterly dividend of $0.80. The ex-dividend date was Wednesday, March 20th. This represents a $4.38 annualized dividend and a yield of 3.02%.
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iShares US Utilities ETF Company Profile
iShares U.S. Utilities ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Utilities Index (the Underlying Index). The Underlying Index measures the performance of the utilities sector of the United States equity market.
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