Skyline Advisors Inc. Boosts Stake in iShares Core Total USD Bond Market ETF $IUSB

Skyline Advisors Inc. grew its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 474,552 shares of the company’s stock after acquiring an additional 16,257 shares during the period. iShares Core Total USD Bond Market ETF comprises about 7.6% of Skyline Advisors Inc.’s investment portfolio, making the stock its 4th biggest position. Skyline Advisors Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $22,166,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Firestone Capital Management raised its position in shares of iShares Core Total USD Bond Market ETF by 3.2% during the third quarter. Firestone Capital Management now owns 354,435 shares of the company’s stock valued at $16,556,000 after buying an additional 10,921 shares during the last quarter. Acorn Wealth Advisors LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $624,000. B. Riley Wealth Advisors Inc. purchased a new position in iShares Core Total USD Bond Market ETF during the second quarter valued at $6,423,000. First Command Advisory Services Inc. grew its stake in iShares Core Total USD Bond Market ETF by 5.4% during the third quarter. First Command Advisory Services Inc. now owns 2,210,825 shares of the company’s stock valued at $103,268,000 after acquiring an additional 112,933 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC increased its holdings in iShares Core Total USD Bond Market ETF by 1.5% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 1,015,283 shares of the company’s stock valued at $47,424,000 after acquiring an additional 14,543 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.2%

Shares of IUSB stock opened at $46.59 on Monday. The company’s fifty day simple moving average is $46.74 and its two-hundred day simple moving average is $46.71. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.23. The stock has a market cap of $35.04 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 announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.1573 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, March 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.