Sterling Investment Counsel LLC Increases Stock Holdings in iShares Core S&P U.S. Growth ETF $IUSG

Sterling Investment Counsel LLC raised its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 32.4% in the third quarter, HoldingsChannel reports. The firm owned 15,590 shares of the company’s stock after buying an additional 3,813 shares during the quarter. iShares Core S&P U.S. Growth ETF makes up 0.8% of Sterling Investment Counsel LLC’s investment portfolio, making the stock its 22nd largest position. Sterling Investment Counsel LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $2,565,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 0.8% in the second quarter. Bank of America Corp DE now owns 43,464,067 shares of the company’s stock worth $6,536,996,000 after buying an additional 348,725 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares Core S&P U.S. Growth ETF by 1.6% during the second quarter. Envestnet Asset Management Inc. now owns 2,049,968 shares of the company’s stock valued at $308,315,000 after buying an additional 32,376 shares during the last quarter. Blue Trust Inc. raised its position in iShares Core S&P U.S. Growth ETF by 4.8% in the second quarter. Blue Trust Inc. now owns 1,975,369 shares of the company’s stock worth $297,095,000 after acquiring an additional 90,129 shares during the period. Merit Financial Group LLC raised its position in iShares Core S&P U.S. Growth ETF by 37.3% in the second quarter. Merit Financial Group LLC now owns 1,539,575 shares of the company’s stock worth $231,552,000 after acquiring an additional 418,656 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 5.9% during the 2nd quarter. Raymond James Financial Inc. now owns 1,315,986 shares of the company’s stock worth $197,924,000 after acquiring an additional 73,036 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Price Performance

Shares of IUSG stock opened at $167.94 on Friday. The company has a market cap of $25.89 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a 1 year low of $108.91 and a 1 year high of $172.33. The firm has a fifty day moving average price of $167.63 and a 200-day moving average price of $160.77.

iShares Core S&P U.S. Growth ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $0.2627 per share. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25. This represents a $1.05 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, December 16th.

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.