Jones Financial Companies Lllp Buys 1,420,898 Shares of iShares Core Total USD Bond Market ETF $IUSB

Jones Financial Companies Lllp lifted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,946,480 shares of the company’s stock after purchasing an additional 1,420,898 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 2.6% of Jones Financial Companies Lllp’s investment portfolio, making the stock its 11th biggest holding. Jones Financial Companies Lllp owned about 8.61% of iShares Core Total USD Bond Market ETF worth $2,847,237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Investors Research Corp boosted its position in shares of iShares Core Total USD Bond Market ETF by 212.9% during the 1st quarter. Investors Research Corp now owns 657 shares of the company’s stock worth $30,000 after purchasing an additional 447 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new position in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth about $38,000. CX Institutional acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 1st quarter worth about $41,000. AlphaCore Capital LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 1st quarter worth about $47,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 1st quarter worth about $50,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $46.64 on Friday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.67 and a fifty-two week high of $47.44. The firm has a market capitalization of $33.64 billion, a PE ratio of 10.80 and a beta of 0.15. The company’s 50-day moving average is $46.07 and its 200 day moving average is $45.83.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, September 2nd were issued a $0.1636 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Tuesday, September 2nd.

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.