Sage Financial Management Group Inc. Sells 477 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Sage Financial Management Group Inc. lowered its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 9.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,588 shares of the company’s stock after selling 477 shares during the period. Sage Financial Management Group Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $690,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of IUSG. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 67.9% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 277 shares of the company’s stock worth $35,000 after buying an additional 112 shares during the last quarter. Capital A Wealth Management LLC increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 705.3% during the first quarter. Capital A Wealth Management LLC now owns 306 shares of the company’s stock worth $39,000 after purchasing an additional 268 shares during the period. Flaharty Asset Management LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF during the first quarter worth approximately $47,000. National Bank of Canada FI increased its stake in iShares Core S&P U.S. Growth ETF by 50.0% in the first quarter. National Bank of Canada FI now owns 450 shares of the company’s stock valued at $57,000 after acquiring an additional 150 shares during the last quarter. Finally, NBC Securities Inc. bought a new position in iShares Core S&P U.S. Growth ETF in the first quarter valued at approximately $66,000.

iShares Core S&P U.S. Growth ETF Price Performance

Shares of iShares Core S&P U.S. Growth ETF stock opened at $165.08 on Friday. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $108.91 and a fifty-two week high of $166.16. The firm has a market capitalization of $25.54 billion, a P/E ratio of 32.52 and a beta of 1.06. The company’s 50 day moving average price is $159.28 and its two-hundred day moving average price is $145.36.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were issued a $0.2487 dividend. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21. This represents a $0.99 annualized dividend and a yield of 0.6%.

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.