Essential Planning LLC. Takes Position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Essential Planning LLC. acquired a new stake in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 29,900 shares of the company’s stock, valued at approximately $2,411,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in WOOD. Wealthfront Advisers LLC lifted its holdings in shares of iShares Global Timber & Forestry ETF by 269.3% during the 4th quarter. Wealthfront Advisers LLC now owns 13,455 shares of the company’s stock valued at $1,027,000 after purchasing an additional 9,812 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Global Timber & Forestry ETF during the 4th quarter valued at $481,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares Global Timber & Forestry ETF during the 3rd quarter valued at $380,000. Larson Financial Group LLC raised its stake in 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 acquiring an additional 1,411 shares during the last quarter. Finally, Brookstone Capital Management raised its stake in 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 acquiring an additional 581 shares during the last quarter.

iShares Global Timber & Forestry ETF Price Performance

Shares of WOOD stock opened at $77.28 on Thursday. The firm has a market capitalization of $241.11 million, a price-to-earnings ratio of 19.76 and a beta of 1.08. The business has a fifty day moving average of $78.49 and a 200 day moving average of $80.17. iShares Global Timber & Forestry ETF has a 1 year low of $74.66 and a 1 year high of $86.79.

iShares Global Timber & Forestry ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.336 dividend. The ex-dividend date of this dividend 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.