224,571 iShares Core Total USD Bond Market ETF $IUSB Shares Acquired by Kestra Investment Management LLC

Kestra Investment Management LLC lifted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 5,560,977 shares of the company’s stock after buying an additional 224,571 shares during the period. iShares Core Total USD Bond Market ETF makes up about 4.6% of Kestra Investment Management LLC’s portfolio, making the stock its 5th biggest holding. Kestra Investment Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $245,184,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Entrust Financial LLC purchased a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at about $5,605,000. FWG Investments LLC. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 72.0% during the third quarter. FWG Investments LLC. now owns 72,485 shares of the company’s stock worth $3,196,000 after purchasing an additional 30,349 shares in the last quarter. M Holdings Securities Inc. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 9.6% during the third quarter. M Holdings Securities Inc. now owns 63,814 shares of the company’s stock worth $2,846,000 after purchasing an additional 5,597 shares in the last quarter. Ethos Capital Management Inc. boosted its position in shares of iShares Core Total USD Bond Market ETF by 8.9% in the third quarter. Ethos Capital Management Inc. now owns 9,847 shares of the company’s stock worth $434,000 after buying an additional 804 shares during the period. Finally, Montgomery Financial Services LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 343.3% in the third quarter. Montgomery Financial Services LLC now owns 8,556 shares of the company’s stock worth $377,000 after buying an additional 6,626 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB opened at $44.97 on Tuesday. iShares Core Total USD Bond Market ETF has a 1-year low of $43.75 and a 1-year high of $47.23. The company has a market capitalization of $50.45 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. The business has a 50-day moving average of $44.62 and a 200-day moving average of $45.75.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a dividend of $0.1718 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $2.06 annualized dividend and a yield of 4.6%.

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.