Heritage Wealth Management Inc. Texas Makes New $305,000 Investment in iShares Core S&P U.S. Value ETF $IUSV

Heritage Wealth Management Inc. Texas purchased a new position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 3,226 shares of the company’s stock, valued at approximately $305,000. iShares Core S&P U.S. Value ETF accounts for approximately 0.2% of Heritage Wealth Management Inc. Texas’ holdings, making the stock its 27th biggest holding.

Several other hedge funds have also bought and sold shares of the stock. Wealthcare Advisory Partners LLC lifted its stake in iShares Core S&P U.S. Value ETF by 5.1% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 3,014 shares of the company’s stock worth $285,000 after purchasing an additional 146 shares in the last quarter. IFP Advisors Inc lifted its stake in iShares Core S&P U.S. Value ETF by 5.5% in the 1st quarter. IFP Advisors Inc now owns 3,326 shares of the company’s stock worth $307,000 after purchasing an additional 172 shares in the last quarter. Harbour Investments Inc. lifted its stake in iShares Core S&P U.S. Value ETF by 14.3% in the 1st quarter. Harbour Investments Inc. now owns 1,388 shares of the company’s stock worth $128,000 after purchasing an additional 174 shares in the last quarter. XML Financial LLC raised its position in shares of iShares Core S&P U.S. Value ETF by 3.2% during the 2nd quarter. XML Financial LLC now owns 5,720 shares of the company’s stock valued at $541,000 after buying an additional 175 shares in the last quarter. Finally, ZWJ Investment Counsel Inc. raised its position in shares of iShares Core S&P U.S. Value ETF by 0.7% during the 1st quarter. ZWJ Investment Counsel Inc. now owns 24,917 shares of the company’s stock valued at $2,300,000 after buying an additional 184 shares in the last quarter.

iShares Core S&P U.S. Value ETF Trading Up 0.7%

Shares of NASDAQ IUSV opened at $102.30 on Tuesday. The firm’s 50-day moving average price is $99.33 and its 200-day moving average price is $95.01. The stock has a market capitalization of $23.73 billion, a price-to-earnings ratio of 20.41 and a beta of 0.90. iShares Core S&P U.S. Value ETF has a 12-month low of $80.14 and a 12-month high of $102.35.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were given a dividend of $0.4714 per share. The ex-dividend date was Tuesday, September 16th. This represents a $1.89 annualized dividend and a dividend yield of 1.8%. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.43.

iShares Core S&P U.S. Value ETF Company Profile

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.