Clearbridge Investments LLC Invests $409,000 in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Clearbridge Investments LLC purchased a new position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,850 shares of the company’s stock, valued at approximately $409,000.

A number of other large investors have also recently made changes to their positions in the stock. Investment Advisory Group LLC grew its stake in shares of iShares Core S&P U.S. Value ETF by 2.7% in the fourth quarter. Investment Advisory Group LLC now owns 4,680 shares of the company’s stock worth $395,000 after acquiring an additional 122 shares during the period. B. Riley Wealth Advisors Inc. boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 1.5% in the third quarter. B. Riley Wealth Advisors Inc. now owns 9,289 shares of the company’s stock worth $697,000 after buying an additional 134 shares during the last quarter. NewEdge Wealth LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 5.7% in the third quarter. NewEdge Wealth LLC now owns 2,792 shares of the company’s stock worth $208,000 after buying an additional 150 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 1.9% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 7,948 shares of the company’s stock worth $670,000 after buying an additional 150 shares during the last quarter. Finally, Lauterbach Financial Advisors LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 5.3% in the fourth quarter. Lauterbach Financial Advisors LLC now owns 3,024 shares of the company’s stock worth $255,000 after buying an additional 151 shares during the last quarter.

iShares Core S&P U.S. Value ETF Trading Up 0.4 %

IUSV opened at $88.79 on Monday. The company has a market cap of $17.11 billion, a price-to-earnings ratio of 22.96 and a beta of 0.95. The company’s 50 day moving average is $88.33 and its 200 day moving average is $85.31. iShares Core S&P U.S. Value ETF has a 12-month low of $71.27 and a 12-month high of $90.64.

iShares Core S&P U.S. Value ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were issued a $0.4397 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date of this dividend was Thursday, March 21st.

iShares Core S&P U.S. Value ETF Profile

The iShares Core S&P U.S. Value ETF (IUSV) is an exchange-traded fund that is based on the S&P 900 Value index. The fund tracks an index of large- and mid-cap value stocks in the US. The index selects from stocks ranked 1-3000 by market-cap based on 3 value factors. IUSV was launched on Jul 24, 2000 and is managed by BlackRock.