MLG Wealth Management DBA Pine Grove Financial Group raised its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Free Report) by 37.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,177,018 shares of the company’s stock after purchasing an additional 317,887 shares during the period. iShares Core Total USD Bond Market ETF accounts for about 5.5% of MLG Wealth Management DBA Pine Grove Financial Group’s holdings, making the stock its 3rd largest holding. MLG Wealth Management DBA Pine Grove Financial Group owned about 0.12% of iShares Core Total USD Bond Market ETF worth $54,314,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the business. AQR Capital Management LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 9.9% during the 1st quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock valued at $2,776,000 after purchasing an additional 5,416 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in iShares Core Total USD Bond Market ETF by 40.7% in the first quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock worth $8,817,000 after buying an additional 55,360 shares during the period. M&T Bank Corp purchased a new stake in iShares Core Total USD Bond Market ETF in the second quarter worth about $335,000. Brown Advisory Inc. bought a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at approximately $246,000. Finally, Qube Research & Technologies Ltd bought a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at approximately $167,000.
iShares Core Total USD Bond Market ETF Stock Performance
IUSB stock opened at $45.24 on Tuesday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.12 and a fifty-two week high of $47.23. The company has a market capitalization of $42.84 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The business’s 50 day moving average price is $45.58 and its two-hundred day moving average price is $46.01.
iShares Core Total USD Bond Market ETF Cuts Dividend
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.
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