iShares Core Total USD Bond Market ETF $IUSB Stake Boosted by J. Mark Nickell & Co.

J. Mark Nickell & Co. increased its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 10.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 276,300 shares of the company’s stock after acquiring an additional 25,903 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 11.5% of J. Mark Nickell & Co.’s investment portfolio, making the stock its 2nd biggest position. J. Mark Nickell & Co.’s holdings in iShares Core Total USD Bond Market ETF were worth $12,762,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IUSB. Western Wealth Management LLC grew its stake in iShares Core Total USD Bond Market ETF by 12.7% during the 1st quarter. Western Wealth Management LLC now owns 72,177 shares of the company’s stock valued at $3,334,000 after acquiring an additional 8,122 shares in the last quarter. Bank of America Corp DE raised its holdings in iShares Core Total USD Bond Market ETF by 3.7% in the 1st quarter. Bank of America Corp DE now owns 2,522,974 shares of the company’s stock valued at $116,536,000 after acquiring an additional 89,781 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 1st quarter worth approximately $12,141,000. Arkadios Wealth Advisors lifted its stake in iShares Core Total USD Bond Market ETF by 108.5% in the 1st quarter. Arkadios Wealth Advisors now owns 220,994 shares of the company’s stock worth $10,208,000 after purchasing an additional 114,979 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 1.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 25,825 shares of the company’s stock worth $1,193,000 after purchasing an additional 351 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.54 on Friday. The stock’s 50 day simple moving average is $45.90 and its 200-day simple moving average is $46.25. The stock has a market cap of $43.06 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1-year low of $45.38 and a 1-year high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.164 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

iShares Core Total USD Bond Market ETF 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.