KWB Wealth raised its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Free Report) by 25.1% during the third quarter, HoldingsChannel reports. The firm owned 667,944 shares of the company’s stock after purchasing an additional 133,966 shares during the period. iShares Core Total USD Bond Market ETF makes up approximately 2.5% of KWB Wealth’s holdings, making the stock its 7th biggest holding. KWB Wealth’s holdings in iShares Core Total USD Bond Market ETF were worth $29,450,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in IUSB. Envestnet Asset Management Inc. increased its holdings in iShares Core Total USD Bond Market ETF by 35.3% during the second quarter. Envestnet Asset Management Inc. now owns 180,016,371 shares of the company’s stock valued at $8,307,768,000 after buying an additional 46,935,169 shares during the last quarter. Johnson Financial Group Inc. raised its position in iShares Core Total USD Bond Market ETF by 7,027.0% in the first quarter. Johnson Financial Group Inc. now owns 5,053,447 shares of the company’s stock worth $233,419,000 after acquiring an additional 4,982,541 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 35.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock worth $781,656,000 after acquiring an additional 4,399,948 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 10.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock worth $1,542,409,000 after acquiring an additional 3,083,604 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of iShares Core Total USD Bond Market ETF by 13.8% during the 1st quarter. Bank of New York Mellon Corp now owns 10,974,170 shares of the company’s stock worth $506,897,000 after acquiring an additional 1,333,886 shares during the last quarter.
iShares Core Total USD Bond Market ETF Price Performance
Shares of IUSB stock remained flat at $44.47 during mid-day trading on Friday. 9,841,709 shares of the stock were exchanged, compared to its average volume of 5,184,388. iShares Core Total USD Bond Market ETF has a 12-month low of $43.75 and a 12-month high of $47.23. The firm’s 50 day moving average price is $44.87 and its 200 day moving average price is $45.59. The stock has a market cap of $49.16 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27.
iShares Core Total USD Bond Market ETF Dividend Announcement
The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a $0.1544 dividend. This represents a $1.85 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Thursday, October 1st.
iShares Core Total USD Bond Market ETF 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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Want to see what other hedge funds are holding IUSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Free Report).
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