Charles Schwab Investment Management Inc. Sells 10,539 Shares of iShares Core S&P U.S. Value ETF $IUSV

Charles Schwab Investment Management Inc. lessened its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 8.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 107,943 shares of the company’s stock after selling 10,539 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $9,962,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. First Trust Advisors LP acquired a new position in shares of iShares Core S&P U.S. Value ETF during the fourth quarter valued at about $288,000. Stifel Financial Corp boosted its stake in iShares Core S&P U.S. Value ETF by 17.6% in the 4th quarter. Stifel Financial Corp now owns 168,688 shares of the company’s stock worth $15,619,000 after purchasing an additional 25,276 shares in the last quarter. Susquehanna International Group LLP acquired a new stake in iShares Core S&P U.S. Value ETF in the 4th quarter worth approximately $9,789,000. Tudor Investment Corp ET AL grew its position in iShares Core S&P U.S. Value ETF by 11.0% during the 4th quarter. Tudor Investment Corp ET AL now owns 73,125 shares of the company’s stock worth $6,771,000 after purchasing an additional 7,255 shares during the last quarter. Finally, Beacon Pointe Advisors LLC increased its stake in iShares Core S&P U.S. Value ETF by 0.8% during the 4th quarter. Beacon Pointe Advisors LLC now owns 14,778 shares of the company’s stock valued at $1,368,000 after purchasing an additional 114 shares in the last quarter.

iShares Core S&P U.S. Value ETF Trading Up 1.5%

NASDAQ IUSV opened at $98.83 on Monday. iShares Core S&P U.S. Value ETF has a 12-month low of $80.14 and a 12-month high of $100.29. The company has a fifty day simple moving average of $95.61 and a two-hundred day simple moving average of $92.70. The stock has a market cap of $21.83 billion, a P/E ratio of 20.41 and a beta of 0.95.

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

The company also recently announced a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were paid a $0.4318 dividend. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.42. The ex-dividend date was Monday, June 16th. This represents a $1.73 dividend on an annualized basis and a yield of 1.7%.

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

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.