Align Financial LLC Buys Shares of 2,850,110 iShares Core Total USD Bond Market ETF $IUSB

Align Financial LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the fourth quarter, Holdings Channel reports. The fund bought 2,850,110 shares of the company’s stock, valued at approximately $132,644,000. iShares Core Total USD Bond Market ETF accounts for 0.6% of Align Financial LLC’s investment portfolio, making the stock its 28th largest holding.

Other institutional investors have also added to or reduced their stakes in the company. CIBC Private Wealth Group LLC purchased a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $27,000. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter worth approximately $30,000. Chapman Financial Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $31,000. Hurley Capital LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter worth approximately $33,000. Finally, United Financial Planning Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $50,000.

iShares Core Total USD Bond Market ETF Stock Down 0.3%

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.99 on Thursday. The firm’s 50 day moving average price is $46.10 and its 200-day moving average price is $46.42. iShares Core Total USD Bond Market ETF has a 52-week low of $45.47 and a 52-week high of $47.23. The company has a market cap of $36.39 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.1511 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.