Endowment Wealth Management Inc. Grows Position in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

Endowment Wealth Management Inc. lifted its stake in shares of iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 2.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,292 shares of the company’s stock after buying an additional 134 shares during the quarter. Endowment Wealth Management Inc. owned 0.20% of iShares Global Timber & Forestry ETF worth $480,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of iShares Global Timber & Forestry ETF during the fourth quarter worth $481,000. Flow Traders U.S. LLC acquired a new stake in shares of iShares Global Timber & Forestry ETF in the 3rd quarter valued at $380,000. Larson Financial Group LLC boosted its stake 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 valued at $138,000 after purchasing an additional 1,411 shares in the last quarter. Brookstone Capital Management boosted its stake 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 valued at $351,000 after purchasing an additional 581 shares in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in iShares Global Timber & Forestry ETF during the 4th quarter worth about $44,000.

iShares Global Timber & Forestry ETF Stock Performance

NASDAQ WOOD opened at $77.77 on Tuesday. The stock has a market cap of $242.64 million, a price-to-earnings ratio of 19.76 and a beta of 1.08. iShares Global Timber & Forestry ETF has a 52-week low of $74.66 and a 52-week high of $86.79. The business has a 50 day simple moving average of $78.45 and a 200 day simple moving average of $80.22.

iShares Global Timber & Forestry ETF Dividend Announcement

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

iShares Global Timber & Forestry ETF Company 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.