Oarsman Capital Inc. Has $41.70 Million Stock Position in iShares Core Total USD Bond Market ETF $IUSB

Oarsman Capital Inc. boosted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 35.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 902,048 shares of the company’s stock after buying an additional 234,233 shares during the quarter. iShares Core Total USD Bond Market ETF makes up 6.5% of Oarsman Capital Inc.’s portfolio, making the stock its 3rd largest position. Oarsman Capital Inc. owned 0.13% of iShares Core Total USD Bond Market ETF worth $41,702,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IUSB. LPL Financial LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 7.6% during the 1st quarter. LPL Financial LLC now owns 48,049,515 shares of the company’s stock valued at $2,214,122,000 after buying an additional 3,402,819 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in iShares Core Total USD Bond Market ETF by 3.1% during the 1st quarter. Jones Financial Companies Lllp now owns 62,382,141 shares of the company’s stock valued at $2,868,351,000 after buying an additional 1,856,559 shares in the last quarter. Baker Avenue Asset Management LP bought a new stake in iShares Core Total USD Bond Market ETF during the 1st quarter valued at about $56,347,000. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Core Total USD Bond Market ETF by 5.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 22,986,670 shares of the company’s stock valued at $1,059,226,000 after buying an additional 1,127,521 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in iShares Core Total USD Bond Market ETF by 0.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 142,166,292 shares of the company’s stock valued at $6,551,023,000 after buying an additional 1,051,702 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ:IUSB opened at $47.16 on Wednesday. iShares Core Total USD Bond Market ETF has a one year low of $44.67 and a one year high of $47.18. The firm has a market cap of $33.44 billion, a P/E ratio of 10.80 and a beta of 0.26. The firm has a 50-day simple moving average of $46.69 and a 200-day simple moving average of $46.08.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a $0.1668 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 4.2%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly 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.