Pinion Investment Advisors LLC Grows Stock Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Pinion Investment Advisors LLC grew its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 44.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 86,560 shares of the company’s stock after buying an additional 26,686 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 0.9% of Pinion Investment Advisors LLC’s portfolio, making the stock its 23rd largest holding. Pinion Investment Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $3,989,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Synergy Investment Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth about $29,000. Investors Research Corp lifted its holdings in iShares Core Total USD Bond Market ETF by 212.9% in the first quarter. Investors Research Corp now owns 657 shares of the company’s stock worth $30,000 after buying an additional 447 shares during the period. MassMutual Private Wealth & Trust FSB purchased a new stake in iShares Core Total USD Bond Market ETF in the first quarter worth about $38,000. CX Institutional purchased a new stake in iShares Core Total USD Bond Market ETF in the first quarter worth about $41,000. Finally, National Bank of Canada FI purchased a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter worth about $45,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $45.64 on Friday. iShares Core Total USD Bond Market ETF has a one year low of $44.67 and a one year high of $47.44. The company has a 50-day simple moving average of $45.53 and a two-hundred day simple moving average of $45.57. The firm has a market capitalization of $32.85 billion, a PE ratio of 10.80 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a $0.1651 dividend. The ex-dividend date was Monday, June 2nd. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16.

iShares Core Total USD Bond Market ETF Company 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.