Redwood Investment Management LLC Has $4.49 Million Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Redwood Investment Management LLC boosted its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 99,243 shares of the company’s stock after purchasing an additional 7,248 shares during the quarter. Redwood Investment Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $4,486,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its position in iShares Core Total USD Bond Market ETF by 12.2% in the 4th quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock valued at $2,735,756,000 after buying an additional 6,586,279 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 13.5% in the fourth quarter. LPL Financial LLC now owns 44,646,696 shares of the company’s stock worth $2,018,031,000 after acquiring an additional 5,315,980 shares in the last quarter. Life Planning Partners Inc grew its stake in iShares Core Total USD Bond Market ETF by 4,352.9% in the fourth quarter. Life Planning Partners Inc now owns 4,380,903 shares of the company’s stock valued at $198,017,000 after acquiring an additional 4,282,520 shares during the period. Raymond James Financial Inc. acquired a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at approximately $183,980,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of iShares Core Total USD Bond Market ETF by 14.7% during the third quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock valued at $976,181,000 after acquiring an additional 2,651,218 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.3%

Shares of NASDAQ:IUSB opened at $45.26 on Thursday. iShares Core Total USD Bond Market ETF has a twelve month low of $44.59 and a twelve month high of $47.44. The stock’s 50 day moving average is $45.71 and its 200-day moving average is $45.61. The firm has a market capitalization of $32.57 billion, a price-to-earnings ratio of 10.76 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were paid a dividend of $0.1612 per share. The ex-dividend date was Thursday, May 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16.

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.