Asset Dedication LLC Purchases 18,901 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Asset Dedication LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 18,901 shares of the company’s stock, valued at approximately $3,030,000.

Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE grew its stake in iShares S&P Small-Cap 600 Growth ETF by 1.0% in the first quarter. Bank of America Corp DE now owns 2,046,459 shares of the company’s stock valued at $296,143,000 after purchasing an additional 19,746 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF during the third quarter valued at about $79,045,000. Royal Bank of Canada raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 4.0% during the first quarter. Royal Bank of Canada now owns 339,450 shares of the company’s stock valued at $49,121,000 after buying an additional 13,190 shares in the last quarter. Beaumont Financial Advisors LLC raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 1.2% during the first quarter. Beaumont Financial Advisors LLC now owns 249,133 shares of the company’s stock valued at $36,052,000 after buying an additional 3,035 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 18.2% in the first quarter. Cetera Investment Advisers now owns 203,028 shares of the company’s stock worth $29,380,000 after buying an additional 31,251 shares during the last quarter. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.7%

Shares of NASDAQ:IJT traded up $1.18 on Friday, reaching $161.31. The company had a trading volume of 118,073 shares, compared to its average volume of 170,114. The stock has a market capitalization of $7.32 billion, a P/E ratio of 20.21 and a beta of 1.06. The stock has a 50-day moving average price of $163.85 and a 200 day moving average price of $161.76. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $132.98 and a twelve month high of $179.68.

iShares S&P Small-Cap 600 Growth ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 15th. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566.

iShares S&P Small-Cap 600 Growth ETF Profile

iShares S&P Small-Cap 600 Growth ETF, formerly iShares S&P SmallCap 600 Growth Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest growth characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.