Envestnet Asset Management Inc. increased its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Free Report) by 35.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 180,016,371 shares of the company’s stock after buying an additional 46,935,169 shares during the quarter. iShares Core Total USD Bond Market ETF comprises about 1.2% of Envestnet Asset Management Inc.’s holdings, making the stock its 5th largest position. Envestnet Asset Management Inc. owned approximately 0.18% of iShares Core Total USD Bond Market ETF worth $8,307,768,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in IUSB. Balance Wealth Partners LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 12.4% in the second quarter. Balance Wealth Partners LLC now owns 100,699 shares of the company’s stock valued at $4,647,000 after purchasing an additional 11,145 shares during the period. LCW Services LLC acquired a new position in iShares Core Total USD Bond Market ETF during the fourth quarter worth about $3,166,000. Balefire LLC grew its position in iShares Core Total USD Bond Market ETF by 447.0% during the second quarter. Balefire LLC now owns 120,307 shares of the company’s stock worth $5,552,000 after buying an additional 98,312 shares during the period. Sovereign Investment Advisors LLC purchased a new position in iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $841,000. Finally, Legacy Wealth Partners LLC increased its holdings in iShares Core Total USD Bond Market ETF by 493.4% in the first quarter. Legacy Wealth Partners LLC now owns 218,024 shares of the company’s stock valued at $10,071,000 after buying an additional 181,283 shares in the last quarter.
iShares Core Total USD Bond Market ETF Price Performance
Shares of IUSB stock traded down $0.38 during midday trading on Wednesday, reaching $44.54. 19,895,054 shares of the company traded hands, compared to its average volume of 4,985,163. The firm’s 50 day simple moving average is $45.36 and its two-hundred day simple moving average is $45.85. iShares Core Total USD Bond Market ETF has a 1-year low of $44.45 and a 1-year high of $47.23. The firm has a market cap of $43.62 billion, a PE ratio of 10.80 and a beta of 0.26.
iShares Core Total USD Bond Market ETF Cuts Dividend
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.
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