Garde Capital Inc. purchased a new stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 29,075 shares of the company’s stock, valued at approximately $5,633,000.
A number of other large investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 10.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,166,362 shares of the company’s stock valued at $595,533,000 after purchasing an additional 298,332 shares in the last quarter. CX Institutional increased its position in shares of iShares Core S&P U.S. Growth ETF by 3.5% during the 3rd quarter. CX Institutional now owns 159,903 shares of the company’s stock worth $30,981,000 after purchasing an additional 5,425 shares in the last quarter. Navigation Group LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the 1st quarter worth about $1,957,000. TrueWealth Financial Partners acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the 1st quarter worth about $724,000. Finally, Cetera Investment Advisers lifted its holdings in iShares Core S&P U.S. Growth ETF by 3.7% during the 1st quarter. Cetera Investment Advisers now owns 638,079 shares of the company’s stock valued at $98,972,000 after purchasing an additional 22,484 shares during the last quarter.
iShares Core S&P U.S. Growth ETF Stock Down 1.0%
Shares of IUSG stock opened at $181.79 on Tuesday. The company has a market capitalization of $32.15 billion, a P/E ratio of 32.52 and a beta of 1.16. iShares Core S&P U.S. Growth ETF has a 12-month low of $148.39 and a 12-month high of $200.01. The firm has a 50-day moving average price of $191.66 and a 200 day moving average price of $180.33.
iShares Core S&P U.S. Growth ETF Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.2445 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356. This represents a $0.98 annualized dividend and a dividend yield of 0.5%.
About iShares Core S&P U.S. Growth ETF
The iShares Core S&P U.S. Growth ETF (IUSG) is an exchange-traded fund that is based on the S&P 900 Growth index. The fund tracks an index of US large- and mid-cap growth stocks. The index selects from stocks ranked 1-3000 by market cap based on fundamental growth factors. IUSG was launched on Jul 24, 2000 and is managed by BlackRock.
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