iShares Core S&P U.S. Value ETF $IUSV Stock Position Cut by Garde Capital Inc.

Garde Capital Inc. decreased its position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 35.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 225,403 shares of the company’s stock after selling 122,226 shares during the period. iShares Core S&P U.S. Value ETF makes up 1.4% of Garde Capital Inc.’s investment portfolio, making the stock its 18th biggest holding. Garde Capital Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $24,857,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Hopwood Financial Services Inc. lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 31.1% in the third quarter. Hopwood Financial Services Inc. now owns 3,160 shares of the company’s stock valued at $348,000 after purchasing an additional 750 shares in the last quarter. XML Financial LLC grew its holdings in shares of iShares Core S&P U.S. Value ETF by 3.8% during the third quarter. XML Financial LLC now owns 6,873 shares of the company’s stock worth $758,000 after buying an additional 249 shares in the last quarter. Summit Wealth Group LLC Co. grew its holdings in shares of iShares Core S&P U.S. Value ETF by 26.8% during the third quarter. Summit Wealth Group LLC Co. now owns 3,161 shares of the company’s stock worth $349,000 after buying an additional 668 shares in the last quarter. Trek Financial LLC raised its position in iShares Core S&P U.S. Value ETF by 315.3% in the 3rd quarter. Trek Financial LLC now owns 152,072 shares of the company’s stock valued at $16,770,000 after buying an additional 115,451 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its stake in iShares Core S&P U.S. Value ETF by 9.1% in the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,340 shares of the company’s stock valued at $148,000 after acquiring an additional 112 shares in the last quarter.

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

NASDAQ IUSV opened at $115.98 on Tuesday. The stock has a market capitalization of $28.48 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83. The stock’s 50 day moving average price is $113.52 and its two-hundred day moving average price is $109.54. iShares Core S&P U.S. Value ETF has a 52 week low of $98.22 and a 52 week high of $116.66.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were issued a dividend of $0.4911 per share. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.4504. This represents a $1.96 annualized dividend and a yield of 1.7%.

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.