iShares Core Total USD Bond Market ETF $IUSB Shares Purchased by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC boosted its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 137,470 shares of the company’s stock after purchasing an additional 3,532 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $6,355,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 0.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 142,166,292 shares of the company’s stock valued at $6,551,023,000 after acquiring an additional 1,051,702 shares in the last quarter. Jones Financial Companies Lllp raised its position in iShares Core Total USD Bond Market ETF by 3.1% in the first quarter. Jones Financial Companies Lllp now owns 62,382,141 shares of the company’s stock valued at $2,868,351,000 after purchasing an additional 1,856,559 shares during the period. LPL Financial LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 7.6% during the first quarter. LPL Financial LLC now owns 48,049,515 shares of the company’s stock worth $2,214,122,000 after purchasing an additional 3,402,819 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Core Total USD Bond Market ETF by 5.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 22,986,670 shares of the company’s stock worth $1,059,226,000 after buying an additional 1,127,521 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares Core Total USD Bond Market ETF by 4.3% in the first quarter. Ameriprise Financial Inc. now owns 10,859,467 shares of the company’s stock worth $500,344,000 after buying an additional 450,361 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ:IUSB opened at $46.84 on Tuesday. The business’s 50-day simple moving average is $46.50 and its 200 day simple moving average is $45.98. The company has a market cap of $33.18 billion, a P/E ratio of 10.80 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a one year low of $44.67 and a one year high of $47.03.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a dividend of $0.1668 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.