iShares Core Total USD Bond Market ETF $IUSB Position Increased by LPL Financial LLC

LPL Financial LLC raised its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 45,507,455 shares of the company’s stock after buying an additional 966,130 shares during the period. iShares Core Total USD Bond Market ETF comprises 0.6% of LPL Financial LLC’s holdings, making the stock its 29th largest position. LPL Financial LLC owned about 0.06% of iShares Core Total USD Bond Market ETF worth $2,117,917,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. CIBC Private Wealth Group LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the third quarter valued at about $27,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth approximately $30,000. Chapman Financial Group LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter worth approximately $31,000. Collier Financial acquired a new position in iShares Core Total USD Bond Market ETF in the third quarter worth approximately $32,000. Finally, United Financial Planning Group LLC acquired a new position in iShares Core Total USD Bond Market ETF in the third quarter worth approximately $50,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB stock opened at $45.80 on Monday. iShares Core Total USD Bond Market ETF has a 12 month low of $45.33 and a 12 month high of $47.23. The business’s 50 day moving average is $46.12 and its two-hundred day moving average is $46.47. The company has a market cap of $36.24 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.1511 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.