Parallel Advisors LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Free Report) by 208.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 130,863 shares of the company’s stock after acquiring an additional 88,412 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $5,770,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the business. Merkkuri Wealth Advisors LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 27.5% in the third quarter. Merkkuri Wealth Advisors LLC now owns 69,046 shares of the company’s stock worth $3,044,000 after purchasing an additional 14,880 shares during the last quarter. LiftPoint Family Wealth Advisors LLC raised its position in iShares Core Total USD Bond Market ETF by 26.0% during the 3rd quarter. LiftPoint Family Wealth Advisors LLC now owns 42,668 shares of the company’s stock worth $1,881,000 after purchasing an additional 8,800 shares during the last quarter. Carmel Capital Partners LLC bought a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $1,052,000. Ashton Thomas Private Wealth LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 48.0% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 309,758 shares of the company’s stock worth $13,657,000 after buying an additional 100,511 shares during the period. Finally, Bayshore Capital Advisors LLC acquired a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $460,000.
iShares Core Total USD Bond Market ETF Trading Down 0.1%
NASDAQ IUSB opened at $44.94 on Friday. The business’s 50-day moving average price is $44.63 and its two-hundred day moving average price is $45.76. 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 has a market capitalization of $50.41 billion, a PE ratio of 10.80 and a beta of 0.27.
iShares Core Total USD Bond Market ETF Increases Dividend
The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.1718 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 4.6%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544. The ex-dividend date was Monday, November 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.
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