Private Advisor Group LLC Raises Holdings in iShares Core Total USD Bond Market ETF $IUSB

Private Advisor Group LLC raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 350,451 shares of the company’s stock after purchasing an additional 23,045 shares during the period. Private Advisor Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $16,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Align Financial LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $132,644,000. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Core Total USD Bond Market ETF by 8.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock worth $1,332,103,000 after acquiring an additional 2,324,731 shares during the last quarter. Symmetry Partners LLC purchased a new position in iShares Core Total USD Bond Market ETF in the fourth quarter worth approximately $104,011,000. Mariner LLC grew its holdings in iShares Core Total USD Bond Market ETF by 15.1% during the 4th quarter. Mariner LLC now owns 16,120,286 shares of the company’s stock worth $750,239,000 after acquiring an additional 2,115,404 shares in the last quarter. Finally, Morgan Stanley increased its position in shares of iShares Core Total USD Bond Market ETF by 8.5% in the 4th quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock valued at $1,149,554,000 after purchasing an additional 1,931,838 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $45.96 on Friday. iShares Core Total USD Bond Market ETF has a twelve month low of $45.47 and a twelve month high of $47.23. The firm’s fifty day simple moving average is $46.04 and its 200-day simple moving average is $46.38. The firm has a market capitalization of $42.60 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be issued a $0.164 dividend. This represents a c) annualized dividend and a yield of 4.3%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend is Wednesday, July 1st.

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.