Litman Gregory Wealth Management LLC Trims Stock Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Litman Gregory Wealth Management LLC lessened its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 6.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,783 shares of the company’s stock after selling 894 shares during the quarter. Litman Gregory Wealth Management LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $1,331,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Castleview Partners LLC purchased a new stake in iShares Core S&P U.S. Growth ETF in the third quarter valued at approximately $28,000. Aptus Capital Advisors LLC raised its position in iShares Core S&P U.S. Growth ETF by 125.4% in the third quarter. Aptus Capital Advisors LLC now owns 311 shares of the company’s stock valued at $29,000 after purchasing an additional 173 shares during the period. Authentikos Wealth Advisory LLC purchased a new stake in iShares Core S&P U.S. Growth ETF in the third quarter valued at approximately $32,000. Washington Trust Advisors Inc. raised its position in iShares Core S&P U.S. Growth ETF by 214.3% in the third quarter. Washington Trust Advisors Inc. now owns 352 shares of the company’s stock valued at $33,000 after purchasing an additional 240 shares during the period. Finally, Winch Advisory Services LLC purchased a new stake in iShares Core S&P U.S. Growth ETF in the third quarter valued at approximately $36,000.

iShares Core S&P U.S. Growth ETF Stock Down 2.1 %

NASDAQ IUSG traded down $2.41 on Friday, reaching $109.98. The stock had a trading volume of 610,391 shares, compared to its average volume of 534,256. The firm has a market capitalization of $15.97 billion, a price-to-earnings ratio of 27.61 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 12-month low of $87.64 and a 12-month high of $118.45. The stock has a fifty day moving average price of $115.04 and a two-hundred day moving average price of $106.04.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a $0.1667 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.67 annualized dividend and a dividend yield of 0.61%.

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.