Brown Advisory Inc. Acquires 206 Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Brown Advisory Inc. increased its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 8.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,618 shares of the company’s stock after purchasing an additional 206 shares during the period. Brown Advisory Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $333,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC increased its position in iShares Core S&P U.S. Growth ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 12,213 shares of the company’s stock valued at $1,702,000 after acquiring an additional 199 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter valued at $211,000. Madison Investment Advisors LLC purchased a new stake in iShares Core S&P U.S. Growth ETF in the fourth quarter worth about $358,000. GWN Securities Inc. purchased a new stake in iShares Core S&P U.S. Growth ETF in the fourth quarter worth about $209,000. Finally, Thrivent Financial for Lutherans lifted its stake in iShares Core S&P U.S. Growth ETF by 2.9% in the fourth quarter. Thrivent Financial for Lutherans now owns 26,676 shares of the company’s stock worth $3,717,000 after acquiring an additional 750 shares during the period.

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

NASDAQ:IUSG opened at $151.86 on Wednesday. iShares Core S&P U.S. Growth ETF has a 1-year low of $108.91 and a 1-year high of $153.19. The company has a 50-day moving average of $144.48 and a 200 day moving average of $137.89. The firm has a market cap of $23.67 billion, a PE ratio of 32.52 and a beta of 1.06.

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

The company also recently declared a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 16th were given a dividend of $0.2104 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.55%. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Monday, June 16th.

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.