Canvas Wealth Advisors LLC Raises Holdings in iShares Core S&P U.S. Value ETF $IUSV

Canvas Wealth Advisors LLC increased its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 6.0% during the 2nd quarter, Holdings Channel reports. The fund owned 81,196 shares of the company’s stock after purchasing an additional 4,565 shares during the quarter. iShares Core S&P U.S. Value ETF makes up about 1.2% of Canvas Wealth Advisors LLC’s investment portfolio, making the stock its 22nd largest position. Canvas Wealth Advisors LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $8,944,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Auto Owners Insurance Co lifted its holdings in iShares Core S&P U.S. Value ETF by 15,983.5% in the fourth quarter. Auto Owners Insurance Co now owns 138,961,020 shares of the company’s stock valued at $13,896,102,000 after acquiring an additional 138,097,020 shares during the period. Bank of America Corp DE boosted its position in iShares Core S&P U.S. Value ETF by 3.9% in the 4th quarter. Bank of America Corp DE now owns 83,401,630 shares of the company’s stock worth $8,552,003,000 after purchasing an additional 3,168,089 shares in the last quarter. LPL Financial LLC grew its stake in shares of iShares Core S&P U.S. Value ETF by 3.6% during the 4th quarter. LPL Financial LLC now owns 16,406,531 shares of the company’s stock worth $1,682,326,000 after purchasing an additional 569,611 shares during the period. Morgan Stanley grew its stake in shares of iShares Core S&P U.S. Value ETF by 7.0% during the 4th quarter. Morgan Stanley now owns 9,720,751 shares of the company’s stock worth $996,766,000 after purchasing an additional 639,948 shares during the period. Finally, Kestra Investment Management LLC increased its holdings in shares of iShares Core S&P U.S. Value ETF by 11.9% during the 4th quarter. Kestra Investment Management LLC now owns 3,772,169 shares of the company’s stock valued at $386,798,000 after purchasing an additional 401,238 shares in the last quarter.

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

NASDAQ:IUSV opened at $114.56 on Wednesday. The company has a 50 day moving average price of $111.41 and a 200-day moving average price of $107.96. iShares Core S&P U.S. Value ETF has a 1-year low of $96.29 and a 1-year high of $114.87. The firm has a market cap of $27.73 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83.

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

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.4504 per share. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. This represents a $1.80 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, June 15th.

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