Beacon Capital Management LLC Boosts Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Beacon Capital Management LLC lifted its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 58.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,817 shares of the company’s stock after purchasing an additional 1,407 shares during the period. Beacon Capital Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $176,000 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 purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 4th quarter worth about $29,000. Investors Research Corp lifted its position in shares of iShares Core Total USD Bond Market ETF by 212.9% in the 1st quarter. Investors Research Corp now owns 657 shares of the company’s stock worth $30,000 after purchasing an additional 447 shares during the period. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 1st quarter worth about $38,000. CX Institutional purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 1st quarter worth about $41,000. Finally, National Bank of Canada FI purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 4th quarter worth about $45,000.

iShares Core Total USD Bond Market ETF Trading Up 0.3%

NASDAQ:IUSB opened at $45.70 on Wednesday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.44. The stock has a market cap of $32.89 billion, a price-to-earnings ratio of 10.80 and a beta of 0.15. The company has a 50-day moving average price of $45.53 and a 200-day moving average price of $45.57.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were given a dividend of $0.1651 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16. The ex-dividend date was Monday, June 2nd.

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.