Baker Avenue Asset Management LP Grows Stock Holdings in iShares Core Total USD Bond Market ETF $IUSB

Baker Avenue Asset Management LP lifted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 1,252,992 shares of the company’s stock after purchasing an additional 30,190 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 1.6% of Baker Avenue Asset Management LP’s investment portfolio, making the stock its 17th biggest position. Baker Avenue Asset Management LP’s holdings in iShares Core Total USD Bond Market ETF were worth $57,926,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in IUSB. Morris Financial Concepts Inc. lifted its position in iShares Core Total USD Bond Market ETF by 1.2% during the second quarter. Morris Financial Concepts Inc. now owns 20,711 shares of the company’s stock worth $957,000 after buying an additional 239 shares in the last quarter. Key Financial Inc increased its stake in shares of iShares Core Total USD Bond Market ETF by 30.2% in the 2nd quarter. Key Financial Inc now owns 1,185 shares of the company’s stock worth $55,000 after acquiring an additional 275 shares during the last quarter. AdvisorNet Financial Inc raised its holdings in shares of iShares Core Total USD Bond Market ETF by 2.1% during the 2nd quarter. AdvisorNet Financial Inc now owns 15,263 shares of the company’s stock worth $706,000 after acquiring an additional 308 shares during the period. Semus Wealth Partners LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 1.9% during the 2nd quarter. Semus Wealth Partners LLC now owns 18,081 shares of the company’s stock valued at $836,000 after acquiring an additional 332 shares during the last quarter. Finally, PKS Advisory Services LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 3.8% during the 1st quarter. PKS Advisory Services LLC now owns 9,286 shares of the company’s stock valued at $428,000 after acquiring an additional 342 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.1%

iShares Core Total USD Bond Market ETF stock opened at $46.62 on Friday. iShares Core Total USD Bond Market ETF has a 12-month low of $44.67 and a 12-month high of $47.20. The stock has a market cap of $33.14 billion, a P/E ratio of 10.80 and a beta of 0.26. The company has a 50-day moving average price of $46.80 and a 200 day moving average price of $46.31.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were paid a $0.1566 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.0%.

About iShares Core Total USD Bond Market ETF

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.