Keenan LLC Takes Position in iShares Core Total USD Bond Market ETF $IUSB

Keenan LLC bought a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 4th quarter, Holdings Channel.com reports. The fund bought 25,968 shares of the company’s stock, valued at approximately $1,209,000. iShares Core Total USD Bond Market ETF makes up approximately 1.1% of Keenan LLC’s holdings, making the stock its 19th biggest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Diversify Advisory Services LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 11.3% during the third quarter. Diversify Advisory Services LLC now owns 159,983 shares of the company’s stock valued at $7,458,000 after purchasing an additional 16,301 shares in the last quarter. Advyzon Investment Management LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 58.0% in the third quarter. Advyzon Investment Management LLC now owns 30,379 shares of the company’s stock worth $1,419,000 after buying an additional 11,147 shares in the last quarter. Ausdal Financial Partners Inc. lifted its position in shares of iShares Core Total USD Bond Market ETF by 169.5% in the third quarter. Ausdal Financial Partners Inc. now owns 40,553 shares of the company’s stock worth $1,894,000 after buying an additional 25,504 shares in the last quarter. Royal Fund Management LLC boosted its stake in iShares Core Total USD Bond Market ETF by 186.5% during the fourth quarter. Royal Fund Management LLC now owns 162,128 shares of the company’s stock valued at $7,546,000 after buying an additional 105,546 shares during the last quarter. Finally, Blueprint Financial Advisors LLC bought a new position in iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $578,000.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ IUSB opened at $46.12 on Friday. The stock has a market capitalization of $36.49 billion, a PE ratio of 10.80 and a beta of 0.26. The business has a 50 day simple moving average of $46.10 and a two-hundred day simple moving average of $46.41. iShares Core Total USD Bond Market ETF has a 1-year low of $45.47 and a 1-year high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

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

iShares Core Total USD Bond Market ETF 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.