Bank of America Corp DE Reduces Stock Holdings in iShares Core S&P U.S. Value ETF $IUSV

Bank of America Corp DE lowered its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSVFree Report) by 0.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 83,374,722 shares of the company’s stock after selling 26,908 shares during the period. iShares Core S&P U.S. Value ETF accounts for approximately 0.6% of Bank of America Corp DE’s holdings, making the stock its 27th biggest holding. Bank of America Corp DE owned 35.22% of iShares Core S&P U.S. Value ETF worth $8,525,065,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in IUSV. Motco purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the 4th quarter worth about $29,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares Core S&P U.S. Value ETF during the 4th quarter valued at about $35,000. Motiv8 Investments LLC bought a new stake in shares of iShares Core S&P U.S. Value ETF during the 4th quarter valued at about $35,000. Physician Wealth Advisors Inc. purchased a new position in shares of iShares Core S&P U.S. Value ETF during the first quarter valued at about $36,000. Finally, Garton & Associates Financial Advisors LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF during the fourth quarter valued at about $37,000.

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

IUSV stock opened at $112.62 on Thursday. iShares Core S&P U.S. Value ETF has a 1 year low of $93.91 and a 1 year high of $113.86. The firm has a 50-day moving average of $110.78 and a 200 day moving average of $107.41. The company has a market cap of $27.25 billion, a P/E ratio of 20.41 and a beta of 0.83.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.4504 per share. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. The ex-dividend date was Monday, June 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.6%.

About iShares Core S&P U.S. Value ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

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