iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) to Issue Dividend Increase – $0.49 Per Share

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) announced a quarterly dividend on Monday, September 14th. Investors of record on Tuesday, September 15th will be paid a dividend of 0.4911 per share on Friday, September 18th. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date is Tuesday, September 15th. This is a 9.0% increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.45.

iShares Core S&P U.S. Value ETF Stock Performance

NASDAQ:IUSV opened at $113.68 on Tuesday. The company has a fifty day moving average of $113.51 and a two-hundred day moving average of $109.35. The stock has a market capitalization of $27.36 billion, a PE ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a fifty-two week low of $97.94 and a fifty-two week high of $116.19.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Palogic Value Management L.P. acquired a new stake in iShares Core S&P U.S. Value ETF in the 2nd quarter worth about $412,000. Tidal Investments LLC raised its holdings in shares of iShares Core S&P U.S. Value ETF by 7.5% during the second quarter. Tidal Investments LLC now owns 4,188 shares of the company’s stock valued at $461,000 after acquiring an additional 291 shares during the last quarter. MCF Advisors LLC lifted its position in shares of iShares Core S&P U.S. Value ETF by 101.2% in the second quarter. MCF Advisors LLC now owns 4,041 shares of the company’s stock valued at $445,000 after acquiring an additional 2,033 shares in the last quarter. Teamwork Financial Advisors LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF in the second quarter valued at approximately $211,000. Finally, RFG Advisory LLC boosted its stake in shares of iShares Core S&P U.S. Value ETF by 30.2% in the second quarter. RFG Advisory LLC now owns 12,117 shares of the company’s stock worth $1,335,000 after acquiring an additional 2,814 shares during the last quarter.

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.