Brookstone Capital Management Boosts Holdings in iShares Core Total USD Bond Market ETF $IUSB

Brookstone Capital Management raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.7% during the first quarter, Holdings Channel reports. The fund owned 564,166 shares of the company’s stock after buying an additional 35,610 shares during the period. Brookstone Capital Management’s holdings in iShares Core Total USD Bond Market ETF were worth $26,059,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CIBC Private Wealth Group LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $27,000. Decker Retirement Planning Inc. purchased a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter worth $30,000. Mcguire Capital Advisors Inc. bought a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at $30,000. Chapman Financial Group LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $31,000. Finally, Hurley Capital LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter valued at $33,000.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB stock opened at $46.12 on Monday. The company has a market capitalization of $36.49 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.47 and a fifty-two week high of $47.23. The stock has a fifty day moving average of $46.10 and a 200-day moving average of $46.41.

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 issued a dividend of $0.1511 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 3.9%.

iShares Core Total USD Bond Market ETF Company Profile

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.