iShares Russell 3000 Value Index (IUSV) Shares Sold by Steinberg Global Asset Management

Steinberg Global Asset Management reduced its stake in iShares Russell 3000 Value Index (BMV:IUSV) by 27.8% during the first quarter, Holdings Channel reports. The institutional investor owned 233,957 shares of the company’s stock after selling 90,117 shares during the period. iShares Russell 3000 Value Index comprises 1.9% of Steinberg Global Asset Management’s investment portfolio, making the stock its 12th biggest holding. Steinberg Global Asset Management’s holdings in iShares Russell 3000 Value Index were worth $12,428,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of IUSV. Lavaca Capital LLC bought a new stake in iShares Russell 3000 Value Index in the 4th quarter valued at about $25,000. Gradient Investments LLC raised its stake in iShares Russell 3000 Value Index by 69.0% in the 4th quarter. Gradient Investments LLC now owns 551 shares of the company’s stock valued at $27,000 after acquiring an additional 225 shares during the period. Capital Financial Planning LLC bought a new stake in iShares Russell 3000 Value Index in the 4th quarter valued at about $31,000. Parallel Advisors LLC bought a new stake in iShares Russell 3000 Value Index in the 4th quarter valued at about $46,000. Finally, Berman Capital Advisors LLC bought a new stake in iShares Russell 3000 Value Index in the 4th quarter valued at about $74,000.

Shares of IUSV traded down $0.04 during midday trading on Monday, hitting $56.49. iShares Russell 3000 Value Index has a 12-month low of $905.35 and a 12-month high of $1,088.00.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were given a dividend of $0.3116 per share. This represents a $1.25 annualized dividend and a dividend yield of 2.21%. The ex-dividend date was Wednesday, March 20th.

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Institutional Ownership by Quarter for iShares Russell 3000 Value Index (BMV:IUSV)

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