iShares Core Total USD Bond Market ETF $IUSB Stock: Portfolio Resources Advisor Group Inc. Grows Stake

Portfolio Resources Advisor Group Inc. lifted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 21.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 210,044 shares of the company’s stock after acquiring an additional 37,535 shares during the quarter. iShares Core Total USD Bond Market ETF comprises approximately 7.7% of Portfolio Resources Advisor Group Inc.’s holdings, making the stock its 3rd largest position. Portfolio Resources Advisor Group Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $9,261,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in shares of iShares Core Total USD Bond Market ETF by 35.3% in 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 in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Core Total USD Bond Market ETF by 10.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock worth $1,542,409,000 after purchasing an additional 3,083,604 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in iShares Core Total USD Bond Market ETF by 35.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock worth $781,656,000 after purchasing an additional 4,399,948 shares during the period. Bank of New York Mellon Corp boosted its position in 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 worth $506,897,000 after purchasing an additional 1,333,886 shares during the period. Finally, Cetera Investment Advisers boosted its position in iShares Core Total USD Bond Market ETF by 5.5% during the first quarter. Cetera Investment Advisers now owns 10,043,013 shares of the company’s stock worth $463,887,000 after purchasing an additional 520,120 shares during the period.

iShares Core Total USD Bond Market ETF Stock Up 0.2%

Shares of IUSB stock opened at $44.42 on Wednesday. iShares Core Total USD Bond Market ETF has a 12 month low of $43.75 and a 12 month high of $47.23. The business’s 50 day moving average is $44.82 and its two-hundred day moving average is $45.56. The company has a market cap of $49.21 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. Stockholders of record on Thursday, October 1st were paid a $0.1544 dividend. This represents a $1.85 dividend on an annualized basis and a dividend 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.