NBT Bank N A NY Acquires 791 Shares of iShares Core S&P U.S. Growth ETF $IUSG

NBT Bank N A NY boosted its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 0.6% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 132,102 shares of the company’s stock after acquiring an additional 791 shares during the quarter. iShares Core S&P U.S. Growth ETF accounts for about 1.4% of NBT Bank N A NY’s investment portfolio, making the stock its 13th largest position. NBT Bank N A NY owned 0.09% of iShares Core S&P U.S. Growth ETF worth $19,868,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IUSG. Independence Financial Advisors LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 1st quarter worth about $62,741,000. Merit Financial Group LLC increased its stake in iShares Core S&P U.S. Growth ETF by 37.3% in the 2nd quarter. Merit Financial Group LLC now owns 1,539,575 shares of the company’s stock worth $231,552,000 after acquiring an additional 418,656 shares during the last quarter. SCS Capital Management LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 1st quarter worth about $28,614,000. Allworth Financial LP increased its stake in iShares Core S&P U.S. Growth ETF by 34.3% in the 1st quarter. Allworth Financial LP now owns 466,482 shares of the company’s stock worth $59,374,000 after acquiring an additional 119,081 shares during the last quarter. Finally, CX Institutional increased its stake in iShares Core S&P U.S. Growth ETF by 38.4% in the 1st quarter. CX Institutional now owns 407,174 shares of the company’s stock worth $51,744,000 after acquiring an additional 112,903 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Trading Down 0.6%

IUSG opened at $164.89 on Wednesday. The stock has a 50-day moving average price of $159.67 and a 200-day moving average price of $145.96. iShares Core S&P U.S. Growth ETF has a 12-month low of $108.91 and a 12-month high of $166.21. The stock has a market capitalization of $25.31 billion, a P/E ratio of 32.52 and a beta of 1.06.

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

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

iShares Core S&P U.S. Growth ETF Profile

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.