GC Wealth Management RIA LLC Purchases New Shares in iShares Core S&P U.S. Value ETF $IUSV

GC Wealth Management RIA LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 11,876 shares of the company’s stock, valued at approximately $1,214,000.

Several other institutional investors have also recently made changes to their positions in IUSV. Auto Owners Insurance Co boosted its holdings in iShares Core S&P U.S. Value ETF by 15,983.5% during the fourth quarter. Auto Owners Insurance Co now owns 138,961,020 shares of the company’s stock worth $13,896,102,000 after purchasing an additional 138,097,020 shares during the last quarter. Bank of America Corp DE increased its stake in iShares Core S&P U.S. Value ETF by 3.9% in the 4th quarter. Bank of America Corp DE now owns 83,401,630 shares of the company’s stock valued at $8,552,003,000 after buying an additional 3,168,089 shares during the last quarter. LPL Financial LLC increased its stake in iShares Core S&P U.S. Value ETF by 3.6% in the 4th quarter. LPL Financial LLC now owns 16,406,531 shares of the company’s stock valued at $1,682,326,000 after buying an additional 569,611 shares during the last quarter. Morgan Stanley increased its stake in iShares Core S&P U.S. Value ETF by 7.0% in the 4th quarter. Morgan Stanley now owns 9,720,751 shares of the company’s stock valued at $996,766,000 after buying an additional 639,948 shares during the last quarter. Finally, Signaturefd LLC lifted its position in shares of iShares Core S&P U.S. Value ETF by 1.9% during the 4th quarter. Signaturefd LLC now owns 4,573,759 shares of the company’s stock worth $468,993,000 after buying an additional 84,650 shares in the last quarter.

iShares Core S&P U.S. Value ETF Stock Up 0.9%

Shares of NASDAQ IUSV opened at $112.13 on Friday. iShares Core S&P U.S. Value ETF has a twelve month low of $93.91 and a twelve month high of $113.25. The stock’s 50 day moving average price is $110.53 and its 200-day moving average price is $107.20. The company has a market capitalization of $27.14 billion, a PE ratio of 20.41 and a beta of 0.83.

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

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.4504 dividend. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. This represents a $1.80 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, June 15th.

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.