Occidental Asset Management LLC Boosts Stock Position in iShares Core S&P U.S. Value ETF $IUSV

Occidental Asset Management LLC lifted its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 123.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,362 shares of the company’s stock after acquiring an additional 10,693 shares during the period. Occidental Asset Management LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $1,985,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Bank of America Corp DE lifted its holdings in iShares Core S&P U.S. Value ETF by 7.8% during the 3rd quarter. Bank of America Corp DE now owns 80,233,541 shares of the company’s stock worth $8,019,342,000 after purchasing an additional 5,830,890 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in iShares Core S&P U.S. Value ETF by 7.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 6,130,302 shares of the company’s stock valued at $609,850,000 after buying an additional 432,247 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares Core S&P U.S. Value ETF by 10.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,808,875 shares of the company’s stock valued at $580,597,000 after buying an additional 556,434 shares in the last quarter. Blue Trust Inc. increased its position in shares of iShares Core S&P U.S. Value ETF by 2.8% during the third quarter. Blue Trust Inc. now owns 4,993,796 shares of the company’s stock valued at $499,130,000 after buying an additional 137,450 shares during the period. Finally, Aspiriant LLC increased its position in shares of iShares Core S&P U.S. Value ETF by 0.7% during the third quarter. Aspiriant LLC now owns 3,600,340 shares of the company’s stock valued at $359,854,000 after buying an additional 24,162 shares during the period.

iShares Core S&P U.S. Value ETF Trading Down 1.0%

Shares of iShares Core S&P U.S. Value ETF stock opened at $100.52 on Friday. The company’s 50-day moving average price is $105.47 and its 200-day moving average price is $102.62. iShares Core S&P U.S. Value ETF has a 12-month low of $80.14 and a 12-month high of $108.20. The company has a market cap of $23.20 billion, a price-to-earnings ratio of 20.41 and a beta of 0.90.

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

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a $0.3925 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $1.57 annualized dividend and a yield of 1.6%.

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.