iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Announces Dividend Increase – $0.24 Per Share

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) declared a quarterly dividend on Monday, September 14th. Investors of record on Tuesday, September 15th will be paid a dividend of 0.2445 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, September 15th. This is a 3.8% increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.24.

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

IUSG opened at $188.70 on Tuesday. The business has a 50 day moving average price of $188.83 and a 200 day moving average price of $180.08. iShares Core S&P U.S. Growth ETF has a twelve month low of $148.39 and a twelve month high of $195.64. The firm has a market cap of $32.23 billion, a P/E ratio of 32.52 and a beta of 1.16.

Hedge Funds Weigh In On iShares Core S&P U.S. Growth ETF

A number of institutional investors have recently modified their holdings of IUSG. Bank of America Corp DE lifted its holdings in iShares Core S&P U.S. Growth ETF by 21.3% in the first quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock valued at $8,185,862,000 after buying an additional 9,267,343 shares during the period. LPL Financial LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 1.4% during the 4th quarter. LPL Financial LLC now owns 14,224,602 shares of the company’s stock worth $2,388,880,000 after acquiring an additional 191,247 shares during the period. Valpey Financial Services LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 16,640.2% during the 4th quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock worth $592,041,000 after acquiring an additional 3,504,253 shares during the period. Kestra Investment Management LLC raised its position in shares of iShares Core S&P U.S. Growth ETF by 40.5% during the 4th quarter. Kestra Investment Management LLC now owns 1,131,808 shares of the company’s stock valued at $190,076,000 after acquiring an additional 326,483 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of iShares Core S&P U.S. Growth ETF by 13.6% during the 1st quarter. Royal Bank of Canada now owns 1,220,118 shares of the company’s stock valued at $189,253,000 after acquiring an additional 145,703 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Company Profile

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.