Dagco Inc. Invests $437,000 in iShares Core S&P U.S. Growth ETF $IUSG

Dagco Inc. bought a new position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the first quarter, Holdings Channel reports. The fund bought 2,815 shares of the company’s stock, valued at approximately $437,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Valpey Financial Services LLC boosted its position in shares of iShares Core S&P U.S. Growth ETF by 16,640.2% in the 4th quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock valued at $592,041,000 after purchasing an additional 3,504,253 shares during the period. Bank of America Corp DE raised its holdings in iShares Core S&P U.S. Growth ETF by 4.4% during the 4th quarter. Bank of America Corp DE now owns 43,507,215 shares of the company’s stock worth $7,306,602,000 after buying an additional 1,853,499 shares during the period. SHP Wealth Management purchased a new stake in iShares Core S&P U.S. Growth ETF during the fourth quarter valued at about $78,328,000. Tennessee Valley Asset Management Partners purchased a new stake in iShares Core S&P U.S. Growth ETF during the third quarter valued at about $56,521,000. Finally, Kestra Investment Management LLC boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 40.5% in the fourth quarter. Kestra Investment Management LLC now owns 1,131,808 shares of the company’s stock worth $190,076,000 after buying an additional 326,483 shares during the period.

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

Shares of IUSG opened at $182.85 on Friday. The company has a 50-day moving average of $183.99 and a two-hundred day moving average of $171.77. The stock has a market cap of $30.97 billion, a price-to-earnings ratio of 32.52 and a beta of 1.17. iShares Core S&P U.S. Growth ETF has a one year low of $147.54 and a one year high of $193.85.

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

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $0.2356 dividend. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, June 15th. This represents a $0.94 annualized dividend and a dividend yield of 0.5%.

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.