iShares Core S&P U.S. Growth ETF $IUSG Stock Position Increased by Tanglewood Legacy Advisors LLC

Tanglewood Legacy Advisors LLC boosted its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3.4% during the first quarter, HoldingsChannel reports. The fund owned 336,216 shares of the company’s stock after buying an additional 11,097 shares during the period. iShares Core S&P U.S. Growth ETF comprises 18.9% of Tanglewood Legacy Advisors LLC’s holdings, making the stock its biggest position. Tanglewood Legacy Advisors LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $52,150,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Valpey Financial Services LLC increased its stake in iShares Core S&P U.S. Growth ETF by 16,640.2% during the fourth 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 last quarter. Bank of America Corp DE lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 4.4% in the 4th quarter. Bank of America Corp DE now owns 43,507,215 shares of the company’s stock valued at $7,306,602,000 after purchasing an additional 1,853,499 shares during the last quarter. SHP Wealth Management acquired a new position in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter valued at $78,328,000. Tennessee Valley Asset Management Partners purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter worth $56,521,000. Finally, Kestra Investment Management LLC grew its holdings 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 worth $190,076,000 after purchasing an additional 326,483 shares during the period.

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

Shares of NASDAQ:IUSG opened at $185.30 on Friday. The business has a 50-day moving average price of $185.32 and a 200 day moving average price of $172.44. The company has a market capitalization of $31.65 billion, a price-to-earnings 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 $193.85.

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

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $0.2356 per share. This represents a $0.94 annualized dividend and a yield of 0.5%. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Monday, June 15th.

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.