Claro Advisors Inc. Purchases 42,038 Shares of iShares Core Total USD Bond Market ETF $IUSB

Claro Advisors Inc. raised its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 15.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 305,803 shares of the company’s stock after buying an additional 42,038 shares during the quarter. iShares Core Total USD Bond Market ETF comprises about 1.9% of Claro Advisors Inc.’s portfolio, making the stock its 11th largest position. Claro Advisors Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $14,232,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Wells Fargo & Company MN increased its holdings in iShares Core Total USD Bond Market ETF by 2.9% in the 4th quarter. Wells Fargo & Company MN now owns 47,946,578 shares of the company’s stock valued at $2,231,434,000 after buying an additional 1,331,490 shares during the period. LPL Financial LLC increased its holdings in iShares Core Total USD Bond Market ETF by 2.2% in the 4th quarter. LPL Financial LLC now owns 45,507,455 shares of the company’s stock valued at $2,117,917,000 after buying an additional 966,130 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core Total USD Bond Market ETF by 8.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock valued at $1,332,103,000 after purchasing an additional 2,324,731 shares during the last quarter. Morgan Stanley increased its stake in shares of iShares Core Total USD Bond Market ETF by 8.5% in the 4th quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock valued at $1,149,554,000 after purchasing an additional 1,931,838 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of iShares Core Total USD Bond Market ETF by 4.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 19,693,393 shares of the company’s stock valued at $919,878,000 after purchasing an additional 911,004 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $45.99 on Thursday. iShares Core Total USD Bond Market ETF has a 52-week low of $45.47 and a 52-week high of $47.23. The business’s fifty day moving average is $46.10 and its 200-day moving average is $46.42. The firm has a market cap of $36.39 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 declared 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 3.9%.

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.