First Horizon Advisors Inc. Has $264,000 Holdings in iShares Global Timber & Forestry ETF (NASDAQ:WOOD)

First Horizon Advisors Inc. trimmed its holdings in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) by 9.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,460 shares of the company’s stock after selling 357 shares during the period. First Horizon Advisors Inc.’s holdings in iShares Global Timber & Forestry ETF were worth $264,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Comprehensive Financial Planning Inc. PA bought a new stake in iShares Global Timber & Forestry ETF in the 4th quarter valued at $25,000. LRI Investments LLC bought a new position in iShares Global Timber & Forestry ETF during the third quarter worth $31,000. Creative Financial Designs Inc. ADV increased its holdings in shares of iShares Global Timber & Forestry ETF by 16.7% in the third quarter. Creative Financial Designs Inc. ADV now owns 896 shares of the company’s stock valued at $77,000 after purchasing an additional 128 shares during the last quarter. Larson Financial Group LLC raised its position in shares of iShares Global Timber & Forestry ETF by 738.7% in the third 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 during the period. Finally, Rather & Kittrell Inc. acquired a new stake in shares of iShares Global Timber & Forestry ETF during the 3rd quarter worth about $210,000.

iShares Global Timber & Forestry ETF Stock Performance

Shares of WOOD stock opened at $79.33 on Wednesday. iShares Global Timber & Forestry ETF has a 52 week low of $74.66 and a 52 week high of $86.79. The company has a market capitalization of $247.51 million, a price-to-earnings ratio of 19.76 and a beta of 1.08. The company has a 50-day simple moving average of $78.04 and a 200 day simple moving average of $80.26.

iShares Global Timber & Forestry ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders 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 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.