Elite Financial Inc. Raises Stake in iShares Core Total USD Bond Market ETF $IUSB

Elite Financial Inc. boosted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 8.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 312,653 shares of the company’s stock after buying an additional 24,826 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 6.7% of Elite Financial Inc.’s portfolio, making the stock its 7th biggest holding. Elite Financial Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $14,597,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Jones Financial Companies Lllp raised its position in iShares Core Total USD Bond Market ETF by 6.9% in the third quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock worth $3,327,011,000 after acquiring an additional 4,589,650 shares during the period. Gallagher Fiduciary Advisors LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 3,595.7% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 3,377,749 shares of the company’s stock worth $156,153,000 after acquiring an additional 3,286,352 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of iShares Core Total USD Bond Market ETF by 3,347.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,862,672 shares of the company’s stock worth $87,006,000 after acquiring an additional 1,808,643 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Core Total USD Bond Market ETF by 5.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,317,154 shares of the company’s stock valued at $1,124,182,000 after acquiring an additional 1,330,484 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of iShares Core Total USD Bond Market ETF by 4.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,693,393 shares of the company’s stock valued at $919,878,000 after acquiring an additional 911,004 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $46.17 on Friday. iShares Core Total USD Bond Market ETF has a one year low of $44.74 and a one year high of $47.23. The business has a fifty day moving average price of $46.72 and a 200-day moving average price of $46.71. The firm has a market capitalization of $34.72 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1573 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

iShares Core Total USD Bond Market ETF Company 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.