17,103 Shares in iShares Morningstar Mid-Cap Value ETF $IMCV Purchased by Courage Miller Partners LLC

Courage Miller Partners LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 17,103 shares of the company’s stock, valued at approximately $1,569,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. International Assets Investment Management LLC purchased a new position in iShares Morningstar Mid-Cap Value ETF during the first quarter valued at $26,000. Mather Group LLC. bought a new stake in iShares Morningstar Mid-Cap Value ETF in the 3rd quarter valued at $37,000. Integrated Wealth Concepts LLC increased its holdings in iShares Morningstar Mid-Cap Value ETF by 7.9% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 5,508 shares of the company’s stock valued at $503,000 after acquiring an additional 401 shares during the last quarter. Bessemer Group Inc. purchased a new stake in iShares Morningstar Mid-Cap Value ETF in the 1st quarter worth $53,000. Finally, D.A. Davidson & CO. lifted its stake in iShares Morningstar Mid-Cap Value ETF by 11.8% in the 1st quarter. D.A. Davidson & CO. now owns 6,172 shares of the company’s stock worth $523,000 after purchasing an additional 650 shares in the last quarter.

iShares Morningstar Mid-Cap Value ETF Stock Up 0.4%

IMCV opened at $97.57 on Thursday. The firm has a 50-day simple moving average of $95.73 and a two-hundred day simple moving average of $92.69. iShares Morningstar Mid-Cap Value ETF has a 52 week low of $77.65 and a 52 week high of $99.01. The company has a market capitalization of $1.20 billion, a PE ratio of 16.35 and a beta of 0.87.

iShares Morningstar Mid-Cap Value ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a $0.5179 dividend. This represents a $2.07 annualized dividend and a dividend yield of 2.1%. This is a positive change from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.4180. The ex-dividend date of this dividend was Tuesday, September 15th.

iShares Morningstar Mid-Cap Value ETF Company Profile

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.