Baird Financial Group Inc. Acquires 10,221 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Baird Financial Group Inc. boosted its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 23.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 53,129 shares of the company’s stock after buying an additional 10,221 shares during the period. Baird Financial Group Inc. owned approximately 0.12% of iShares S&P Small-Cap 600 Growth ETF worth $7,068,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IJT. Lido Advisors LLC lifted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 4.5% in the 2nd quarter. Lido Advisors LLC now owns 64,089 shares of the company’s stock valued at $8,526,000 after purchasing an additional 2,742 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 1.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 810,556 shares of the company’s stock valued at $107,836,000 after purchasing an additional 9,000 shares during the last quarter. Stevens Capital Partners lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 56.6% in the second quarter. Stevens Capital Partners now owns 18,354 shares of the company’s stock valued at $2,464,000 after buying an additional 6,637 shares during the period. J.W. Cole Advisors Inc. lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 3.8% in the second quarter. J.W. Cole Advisors Inc. now owns 16,678 shares of the company’s stock valued at $2,219,000 after buying an additional 606 shares during the period. Finally, Richmond Investment Services LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter worth about $258,000. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Price Performance

Shares of IJT stock opened at $142.94 on Tuesday. The stock has a market cap of $6.39 billion, a PE ratio of 20.21 and a beta of 1.09. The stock has a 50-day moving average of $140.58 and a 200-day moving average of $137.39. iShares S&P Small-Cap 600 Growth ETF has a one year low of $107.38 and a one year high of $148.08.

iShares S&P Small-Cap 600 Growth ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were paid a $0.314 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29. This represents a $1.26 annualized dividend and a yield of 0.9%.

About iShares S&P Small-Cap 600 Growth ETF

iShares S&P Small-Cap 600 Growth ETF, formerly iShares S&P SmallCap 600 Growth Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest growth characteristics.