Cypress Wealth Services LLC Buys 52,507 Shares of iShares Core Total USD Bond Market ETF $IUSB

Cypress Wealth Services LLC increased its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 265,040 shares of the company’s stock after acquiring an additional 52,507 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 1.4% of Cypress Wealth Services LLC’s investment portfolio, making the stock its 14th largest holding. Cypress Wealth Services LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $11,667,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its position in shares of iShares Core Total USD Bond Market ETF by 35.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 180,016,371 shares of the company’s stock valued at $8,307,768,000 after acquiring an additional 46,935,169 shares during the last quarter. Johnson Financial Group Inc. increased its position in shares of iShares Core Total USD Bond Market ETF by 7,027.0% in the first quarter. Johnson Financial Group Inc. now owns 5,053,447 shares of the company’s stock valued at $233,419,000 after acquiring an additional 4,982,541 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in shares of iShares Core Total USD Bond Market ETF by 35.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock valued at $781,656,000 after acquiring an additional 4,399,948 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core Total USD Bond Market ETF by 10.2% during 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 during the period. Finally, Bank of New York Mellon Corp increased its position in shares of iShares Core Total USD Bond Market ETF by 13.8% during the first quarter. Bank of New York Mellon Corp now owns 10,974,170 shares of the company’s stock valued at $506,897,000 after buying an additional 1,333,886 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $44.43 on Thursday. The firm’s 50-day moving average price is $44.80 and its 200-day moving average price is $45.55. iShares Core Total USD Bond Market ETF has a 1-year low of $43.75 and a 1-year high of $47.23. The company has a market capitalization of $49.22 billion, a PE ratio of 10.80 and a beta of 0.27.

iShares Core Total USD Bond Market ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a $0.1544 dividend. This represents a $1.85 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Thursday, October 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.