Parallel Advisors LLC Has $1.76 Million Stock Holdings in iShares Core Total USD Bond Market ETF $IUSB

Parallel Advisors LLC decreased its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 31.9% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 38,152 shares of the company’s stock after selling 17,862 shares during the period. Parallel Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,762,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Howe & Rusling Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 2.6% in the fourth quarter. Howe & Rusling Inc. now owns 8,329 shares of the company’s stock valued at $388,000 after purchasing an additional 215 shares during the last quarter. Beacon Financial Group boosted its holdings in iShares Core Total USD Bond Market ETF by 3.9% during the first quarter. Beacon Financial Group now owns 5,993 shares of the company’s stock worth $277,000 after purchasing an additional 226 shares during the last quarter. Midwest Trust Co boosted its holdings in iShares Core Total USD Bond Market ETF by 2.9% during the fourth quarter. Midwest Trust Co now owns 8,432 shares of the company’s stock worth $392,000 after purchasing an additional 236 shares during the last quarter. HORAN Wealth LLC grew its position in iShares Core Total USD Bond Market ETF by 5.2% in the fourth quarter. HORAN Wealth LLC now owns 5,882 shares of the company’s stock valued at $274,000 after purchasing an additional 291 shares in the last quarter. Finally, FC Advisory LLC grew its position in iShares Core Total USD Bond Market ETF by 0.5% in the fourth quarter. FC Advisory LLC now owns 64,545 shares of the company’s stock valued at $3,004,000 after purchasing an additional 292 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.2%

Shares of IUSB stock opened at $45.61 on Wednesday. The firm’s fifty day moving average price is $45.93 and its two-hundred day moving average price is $46.30. iShares Core Total USD Bond Market ETF has a 1 year low of $45.47 and a 1 year high of $47.23. The firm has a market capitalization of $42.82 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.164 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Wednesday, July 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

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.