Align Financial LLC Invests $132.64 Million in iShares Core Total USD Bond Market ETF $IUSB

Align Financial LLC acquired a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,850,110 shares of the company’s stock, valued at approximately $132,644,000. iShares Core Total USD Bond Market ETF makes up approximately 0.6% of Align Financial LLC’s investment portfolio, making the stock its 28th largest holding. Align Financial LLC owned about 0.38% of iShares Core Total USD Bond Market ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. CIBC Private Wealth Group LLC purchased a new position in iShares Core Total USD Bond Market ETF during the third quarter valued at $27,000. Decker Retirement Planning Inc. purchased a new position in iShares Core Total USD Bond Market ETF during the fourth quarter valued at $30,000. Chapman Financial Group LLC purchased a new position in iShares Core Total USD Bond Market ETF during the third quarter valued at $31,000. Hurley Capital LLC purchased a new position in iShares Core Total USD Bond Market ETF during the fourth quarter valued at $33,000. Finally, United Financial Planning Group LLC purchased a new position in iShares Core Total USD Bond Market ETF during the third quarter valued at $50,000.

iShares Core Total USD Bond Market ETF Stock Down 0.3%

IUSB stock opened at $45.99 on Thursday. iShares Core Total USD Bond Market ETF has a 52 week low of $45.47 and a 52 week high of $47.23. The company has a fifty day simple moving average of $46.10 and a two-hundred day simple moving average of $46.42. The firm has a market capitalization of $36.39 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.1511 per share. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 3.9%.

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.