Tortoise Investment Management LLC Lowers Position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Posted by Dante Gardener on Sep 4th, 2024

Tortoise Investment Management LLC trimmed its position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD – Free Report) by 2.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,557 shares of the company’s stock after selling 127 shares during the period. Tortoise Investment Management LLC owned 0.24% of iShares Global Timber & Forestry ETF worth $436,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in shares of iShares Global Timber & Forestry ETF in the 2nd quarter worth approximately $26,000. U S Global Investors Inc. bought a new stake in iShares Global Timber & Forestry ETF in the first quarter worth $30,000. Simplex Trading LLC purchased a new stake in shares of iShares Global Timber & Forestry ETF in the fourth quarter worth $32,000. Quent Capital LLC purchased a new stake in shares of iShares Global Timber & Forestry ETF in the first quarter worth $38,000. Finally, Matrix Trust Co bought a new position in shares of iShares Global Timber & Forestry ETF during the second quarter valued at $101,000.

iShares Global Timber & Forestry ETF Price Performance

WOOD opened at $80.79 on Wednesday. The firm has a market cap of $189.05 million, a PE ratio of 6.98 and a beta of 1.08. The stock has a 50-day moving average price of $79.47 and a 200-day moving average price of $80.63. iShares Global Timber & Forestry ETF has a 1 year low of $69.22 and a 1 year high of $85.29.

iShares Global Timber & Forestry ETF Dividend Announcement

The company also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a $1.2582 dividend. The ex-dividend date was Tuesday, June 11th.

iShares Global Timber & Forestry ETF Company Profile

(Free Report)

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.