Cutler Investment Counsel LLC Has $29.19 Million Position in iShares Core S&P U.S. Growth ETF $IUSG

Cutler Investment Counsel LLC lowered its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 2.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 188,165 shares of the company’s stock after selling 4,469 shares during the quarter. iShares Core S&P U.S. Growth ETF comprises approximately 3.0% of Cutler Investment Counsel LLC’s portfolio, making the stock its 6th biggest position. Cutler Investment Counsel LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $29,186,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Brighton Jones LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 12,213 shares of the company’s stock worth $1,702,000 after purchasing an additional 199 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of iShares Core S&P U.S. Growth ETF by 35.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 110,110 shares of the company’s stock worth $13,993,000 after purchasing an additional 28,807 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the 2nd quarter worth approximately $1,994,000. NewEdge Advisors LLC grew its stake in shares of iShares Core S&P U.S. Growth ETF by 4.4% in the 2nd quarter. NewEdge Advisors LLC now owns 44,097 shares of the company’s stock worth $6,632,000 after buying an additional 1,842 shares during the last quarter. Finally, Alliancebernstein L.P. increased its position in iShares Core S&P U.S. Growth ETF by 1.3% during the 2nd quarter. Alliancebernstein L.P. now owns 237,423 shares of the company’s stock valued at $35,708,000 after buying an additional 3,047 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Trading Up 0.2%

Shares of NASDAQ:IUSG opened at $184.07 on Tuesday. The stock has a fifty day simple moving average of $186.84 and a two-hundred day simple moving average of $173.93. The stock has a market capitalization of $31.49 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16. iShares Core S&P U.S. Growth ETF has a 12-month low of $148.39 and a 12-month high of $193.85.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.2356 per share. The ex-dividend date was Monday, June 15th. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. 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.