iShares Core Total USD Bond Market ETF $IUSB Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 350,451 shares of the company’s stock after acquiring 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 SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IUSB. Wells Fargo & Company MN lifted its position in shares of iShares Core Total USD Bond Market ETF by 2.9% during the 4th quarter. Wells Fargo & Company MN now owns 47,946,578 shares of the company’s stock worth $2,231,434,000 after buying an additional 1,331,490 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 2.2% in the 4th quarter. LPL Financial LLC now owns 45,507,455 shares of the company’s stock valued at $2,117,917,000 after buying an additional 966,130 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Core Total USD Bond Market ETF by 8.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock valued at $1,332,103,000 after buying an additional 2,324,731 shares during the last quarter. Morgan Stanley raised its stake in iShares Core Total USD Bond Market ETF by 8.5% during the 4th quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock worth $1,149,554,000 after acquiring an additional 1,931,838 shares in the last quarter. Finally, CWM LLC raised its stake in iShares Core Total USD Bond Market ETF by 0.5% during the 4th quarter. CWM LLC now owns 17,194,171 shares of the company’s stock worth $800,217,000 after acquiring an additional 85,428 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $45.96 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $45.47 and a 1-year high of $47.23. The stock has a market cap of $42.60 billion, a PE ratio of 10.80 and a beta of 0.26. The firm has a fifty day moving average price of $46.04 and a 200 day moving average price of $46.38.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.164 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. The ex-dividend date is Wednesday, July 1st.

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.