Orgel Wealth Management LLC Sells 25,906 Shares of iShares Morningstar Mid-Cap Value ETF $IMCV

Orgel Wealth Management LLC trimmed its holdings in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) by 7.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 316,009 shares of the company’s stock after selling 25,906 shares during the quarter. iShares Morningstar Mid-Cap Value ETF accounts for about 0.5% of Orgel Wealth Management LLC’s investment portfolio, making the stock its 23rd largest holding. Orgel Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap Value ETF were worth $28,994,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Matrix Trust Co increased its position in shares of iShares Morningstar Mid-Cap Value ETF by 1.2% in the second quarter. Matrix Trust Co now owns 209,721 shares of the company’s stock worth $19,164,000 after acquiring an additional 2,402 shares in the last quarter. Rodgers & Associates LTD lifted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 0.7% during the 2nd quarter. Rodgers & Associates LTD now owns 120,448 shares of the company’s stock valued at $11,006,000 after acquiring an additional 795 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 13.9% during the 1st quarter. Cetera Investment Advisers now owns 109,815 shares of the company’s stock valued at $9,311,000 after acquiring an additional 13,385 shares in the last quarter. Bedel Financial Consulting Inc. lifted its holdings in shares of iShares Morningstar Mid-Cap Value ETF by 7.1% during the 2nd quarter. Bedel Financial Consulting Inc. now owns 97,819 shares of the company’s stock valued at $8,938,000 after acquiring an additional 6,495 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in iShares Morningstar Mid-Cap Value ETF by 4.4% during the 1st quarter. Royal Bank of Canada now owns 97,441 shares of the company’s stock worth $8,262,000 after purchasing an additional 4,110 shares during the period.

iShares Morningstar Mid-Cap Value ETF Trading Down 0.1%

Shares of iShares Morningstar Mid-Cap Value ETF stock opened at $95.18 on Thursday. iShares Morningstar Mid-Cap Value ETF has a twelve month low of $77.65 and a twelve month high of $99.01. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 16.35 and a beta of 0.87. The company has a fifty day moving average price of $95.76 and a 200 day moving average price of $92.25.

iShares Morningstar Mid-Cap Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.5179 per share. This is a boost from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.4180. This represents a $2.07 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Tuesday, September 15th.

About iShares Morningstar Mid-Cap Value ETF

The iShares Morningstar Mid-Cap Value ETF (IMCV) is an exchange-traded fund that is based on the Morningstar US Mid Cap Broad Value index. The fund tracks a market cap-weighted index of US mid-cap stocks companies selected based on their value characteristics. IMCV was launched on Jun 28, 2004 and is managed by BlackRock.