iShares Core Total USD Bond Market ETF $IUSB Position Lifted by Elevated Financial Group LLC

Elevated Financial Group LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 14.7% in the second quarter, HoldingsChannel reports. The fund owned 563,378 shares of the company’s stock after purchasing an additional 72,051 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 7.1% of Elevated Financial Group LLC’s portfolio, making the stock its 4th largest holding. Elevated Financial Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $26,000,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. AQR Capital Management LLC raised its holdings in iShares Core Total USD Bond Market ETF by 9.9% in the 1st quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock worth $2,776,000 after purchasing an additional 5,416 shares during the period. Goldman Sachs Group Inc. grew its holdings in iShares Core Total USD Bond Market ETF by 40.7% during the first quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock valued at $8,817,000 after purchasing an additional 55,360 shares during the period. M&T Bank Corp purchased a new stake in iShares Core Total USD Bond Market ETF in the second quarter worth about $335,000. Brown Advisory Inc. purchased a new stake in iShares Core Total USD Bond Market ETF in the second quarter worth about $246,000. Finally, Qube Research & Technologies Ltd bought a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter worth about $167,000.

iShares Core Total USD Bond Market ETF Stock Up 0.3%

NASDAQ IUSB opened at $45.59 on Friday. iShares Core Total USD Bond Market ETF has a 52 week low of $45.32 and a 52 week high of $47.23. The company has a market capitalization of $43.17 billion, a P/E ratio of 10.80 and a beta of 0.26. The stock’s 50-day moving average price is $45.79 and its 200-day moving average price is $46.17.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.1686 per share. The ex-dividend date of this dividend was Monday, August 3rd.

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.