iShares Core Total USD Bond Market ETF $IUSB Shares Newly Bought by Carmel Capital Partners LLC

Carmel Capital Partners LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 23,871 shares of the company’s stock, valued at approximately $1,052,000.

Several other institutional investors and hedge funds have also bought and sold shares of IUSB. Envestnet Asset Management Inc. lifted its position in iShares Core Total USD Bond Market ETF by 35.3% in the second quarter. Envestnet Asset Management Inc. now owns 180,016,371 shares of the company’s stock valued at $8,307,768,000 after purchasing an additional 46,935,169 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Core Total USD Bond Market ETF by 10.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock worth $1,542,409,000 after purchasing an additional 3,083,604 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of iShares Core Total USD Bond Market ETF by 35.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock worth $781,656,000 after purchasing an additional 4,399,948 shares during the last quarter. Park Avenue Securities LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 21.6% in the third quarter. Park Avenue Securities LLC now owns 15,696,885 shares of the company’s stock worth $692,076,000 after buying an additional 2,783,245 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of iShares Core Total USD Bond Market ETF by 13.8% in the first quarter. Bank of New York Mellon Corp now owns 10,974,170 shares of the company’s stock worth $506,897,000 after buying an additional 1,333,886 shares during the period.

iShares Core Total USD Bond Market ETF Stock Down 0.1%

Shares of NASDAQ:IUSB traded down $0.04 during midday trading on Friday, hitting $44.94. 5,678,346 shares of the stock traded hands, compared to its average volume of 5,290,708. The stock has a market capitalization of $50.33 billion, a PE ratio of 10.80 and a beta of 0.27. The business’s 50 day moving average is $44.63 and its two-hundred day moving average is $45.76. iShares Core Total USD Bond Market ETF has a one year low of $43.75 and a one year high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were issued a dividend of $0.1718 per share. The ex-dividend date was Monday, November 2nd. This represents a $2.06 dividend on an annualized basis and a yield of 4.6%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544.

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.