AE Wealth Management LLC Grows Holdings in iShares Core Total USD Bond Market ETF $IUSB

AE Wealth Management LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.7% in the third quarter, HoldingsChannel reports. The fund owned 482,387 shares of the company’s stock after acquiring an additional 30,420 shares during the period. AE Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $22,532,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Pines Wealth Management LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 2.7% during the third quarter. Pines Wealth Management LLC now owns 65,219 shares of the company’s stock valued at $3,046,000 after purchasing an additional 1,714 shares in the last quarter. Investment Advisory Group LLC increased its position in iShares Core Total USD Bond Market ETF by 8.4% during the 3rd quarter. Investment Advisory Group LLC now owns 61,076 shares of the company’s stock valued at $2,853,000 after buying an additional 4,728 shares in the last quarter. Marino Stram & Associates LLC raised its stake in iShares Core Total USD Bond Market ETF by 7.5% during the third quarter. Marino Stram & Associates LLC now owns 23,297 shares of the company’s stock valued at $1,088,000 after buying an additional 1,629 shares during the last quarter. Belpointe Asset Management LLC purchased a new position in iShares Core Total USD Bond Market ETF during the third quarter valued at $803,000. Finally, First Command Advisory Services Inc. boosted its holdings in iShares Core Total USD Bond Market ETF by 5.4% in the third quarter. First Command Advisory Services Inc. now owns 2,210,825 shares of the company’s stock worth $103,268,000 after acquiring an additional 112,933 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ IUSB opened at $46.68 on Friday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.74 and a 12 month high of $47.20. The stock’s fifty day moving average price is $46.66 and its 200-day moving average price is $46.56. The stock has a market cap of $34.94 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a dividend of $0.1648 per share. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.