M Financial Asset Management Inc. Has $362,000 Stock Position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

M Financial Asset Management Inc. lessened its holdings in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 29.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,755 shares of the company’s stock after selling 1,987 shares during the period. iShares Global Timber & Forestry ETF accounts for approximately 1.8% of M Financial Asset Management Inc.’s holdings, making the stock its 7th biggest position. M Financial Asset Management Inc. owned 0.15% of iShares Global Timber & Forestry ETF worth $362,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brookstone Capital Management raised its holdings in shares of iShares Global Timber & Forestry ETF by 14.4% in the 4th quarter. Brookstone Capital Management now owns 4,604 shares of the company’s stock worth $351,000 after purchasing an additional 581 shares in the last quarter. MML Investors Services LLC raised its holdings in shares of iShares Global Timber & Forestry ETF by 5.4% in the 3rd 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 raised its holdings in shares of iShares Global Timber & Forestry ETF by 738.7% in the 3rd 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 in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares Global Timber & Forestry ETF in the 3rd quarter worth approximately $380,000. Finally, Creative Financial Designs Inc. ADV raised its holdings in shares of iShares Global Timber & Forestry ETF by 16.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 896 shares of the company’s stock worth $77,000 after purchasing an additional 128 shares in the last quarter.

iShares Global Timber & Forestry ETF Price Performance

NASDAQ WOOD opened at $80.10 on Friday. iShares Global Timber & Forestry ETF has a 12 month low of $74.66 and a 12 month high of $86.79. The company’s 50 day simple moving average is $78.05 and its 200 day simple moving average is $80.17. The company has a market capitalization of $249.91 million, a P/E ratio of 6.98 and a beta of 1.08.

iShares Global Timber & Forestry ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.336 per share. The ex-dividend date 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.