Pinnacle Wealth Planning Services Inc. Buys 4,925 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Pinnacle Wealth Planning Services Inc. bought a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,925 shares of the company’s stock, valued at approximately $954,000.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in iShares Core S&P U.S. Growth ETF by 21.3% in the 1st quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock worth $8,185,862,000 after purchasing an additional 9,267,343 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 10.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,166,362 shares of the company’s stock valued at $595,533,000 after purchasing an additional 298,332 shares during the last quarter. Royal Bank of Canada boosted its holdings 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 purchasing an additional 145,703 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of iShares Core S&P U.S. Growth ETF by 10.8% during the first quarter. PNC Financial Services Group Inc. now owns 1,114,250 shares of the company’s stock valued at $172,831,000 after purchasing an additional 108,893 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in shares of iShares Core S&P U.S. Growth ETF by 3.7% during the first quarter. Cetera Investment Advisers now owns 638,079 shares of the company’s stock valued at $98,972,000 after purchasing an additional 22,484 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Trading Up 0.6%

Shares of IUSG stock opened at $190.97 on Thursday. iShares Core S&P U.S. Growth ETF has a 12-month low of $148.39 and a 12-month high of $200.01. The stock’s 50-day moving average price is $191.98 and its 200-day moving average price is $180.12. The stock has a market capitalization of $33.75 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.2445 per share. The ex-dividend date was Tuesday, September 15th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356.

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.