Portfolio Resources Advisor Group Inc. Acquires Shares of 113,738 iShares Core Total USD Bond Market ETF $IUSB

Portfolio Resources Advisor Group Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 113,738 shares of the company’s stock, valued at approximately $5,293,000. iShares Core Total USD Bond Market ETF accounts for about 5.3% of Portfolio Resources Advisor Group Inc.’s portfolio, making the stock its 6th biggest position.

Several other institutional investors have also added to or reduced their stakes in the business. Retirement Capital Strategies lifted its holdings in iShares Core Total USD Bond Market ETF by 7.8% during the fourth quarter. Retirement Capital Strategies now owns 201,662 shares of the company’s stock valued at $9,385,000 after purchasing an additional 14,528 shares during the last quarter. MML Investors Services LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 6.7% during the fourth quarter. MML Investors Services LLC now owns 7,437,955 shares of the company’s stock valued at $346,162,000 after purchasing an additional 468,601 shares during the last quarter. Mariner LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 15.1% during the fourth quarter. Mariner LLC now owns 16,120,286 shares of the company’s stock valued at $750,239,000 after purchasing an additional 2,115,404 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 18.1% in the fourth quarter. Focus Partners Wealth now owns 1,607,867 shares of the company’s stock worth $74,830,000 after buying an additional 246,252 shares in the last quarter. Finally, Destination Wealth Management boosted its position in shares of iShares Core Total USD Bond Market ETF by 5.2% in the fourth quarter. Destination Wealth Management now owns 1,004,200 shares of the company’s stock valued at $46,735,000 after acquiring an additional 49,755 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB stock opened at $46.05 on Monday. The firm has a 50 day moving average of $46.11 and a 200-day moving average of $46.44. iShares Core Total USD Bond Market ETF has a 12 month low of $45.47 and a 12 month high of $47.23. The firm has a market capitalization of $36.44 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

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