HighTower Advisors LLC Has $25.04 Million Stock Holdings in iShares Core Total USD Bond Market ETF $IUSB

HighTower Advisors LLC raised its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 11.4% in the 2nd quarter, Holdings Channel reports. The firm owned 542,631 shares of the company’s stock after acquiring an additional 55,590 shares during the period. HighTower Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $25,042,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Johnson Financial Group Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 7,027.0% during the 1st quarter. Johnson Financial Group Inc. now owns 5,053,447 shares of the company’s stock worth $233,419,000 after buying an additional 4,982,541 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares Core Total USD Bond Market ETF by 35.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock worth $781,656,000 after buying an additional 4,399,948 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Core Total USD Bond Market ETF by 10.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock valued at $1,542,409,000 after buying an additional 3,083,604 shares in the last quarter. Align Financial LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $132,644,000. Finally, Mariner LLC grew its position in iShares Core Total USD Bond Market ETF by 15.1% in the fourth quarter. Mariner LLC now owns 16,120,286 shares of the company’s stock valued at $750,239,000 after acquiring an additional 2,115,404 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.1%

IUSB opened at $45.21 on Wednesday. The company has a market cap of $42.81 billion, a P/E ratio of 10.80 and a beta of 0.26. The company’s 50 day moving average is $45.56 and its 200-day moving average is $46.00. iShares Core Total USD Bond Market ETF has a 1-year low of $45.12 and a 1-year high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a $0.168 dividend. The ex-dividend date was Tuesday, September 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.