Focus Partners Wealth Boosts Stock Position in iShares Core Total USD Bond Market ETF $IUSB

Focus Partners Wealth raised its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,361,615 shares of the company’s stock after purchasing an additional 27,991 shares during the period. Focus Partners Wealth owned about 0.19% of iShares Core Total USD Bond Market ETF worth $63,601,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IUSB. Jones Financial Companies Lllp boosted its position in iShares Core Total USD Bond Market ETF by 6.9% during 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 last quarter. Gallagher Fiduciary Advisors LLC grew its stake in iShares Core Total USD Bond Market ETF by 3,595.7% in 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 period. Thrivent Financial for Lutherans raised its holdings in iShares Core Total USD Bond Market ETF by 3,347.5% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,862,672 shares of the company’s stock valued at $87,006,000 after acquiring an additional 1,808,643 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Core Total USD Bond Market ETF by 5.8% in 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 last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth $59,881,000.

iShares Core Total USD Bond Market ETF Stock Up 0.4%

IUSB stock opened at $46.34 on Tuesday. 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’s fifty day simple moving average is $46.72 and its 200-day simple moving average is $46.72. The stock has a market capitalization of $34.85 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 firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.1573 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.1%.

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.