Entrust Financial LLC acquired a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 127,136 shares of the company’s stock, valued at approximately $5,605,000. iShares Core Total USD Bond Market ETF accounts for approximately 2.7% of Entrust Financial LLC’s holdings, making the stock its 11th largest position.
Several other large investors also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its position in shares of 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 worth $8,307,768,000 after acquiring an additional 46,935,169 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 10.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock valued at $1,542,409,000 after purchasing an additional 3,083,604 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 35.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock valued at $781,656,000 after purchasing an additional 4,399,948 shares during the period. Park Avenue Securities LLC grew its stake in iShares Core Total USD Bond Market ETF by 21.6% in the third quarter. Park Avenue Securities LLC now owns 15,696,885 shares of the company’s stock worth $692,076,000 after purchasing an additional 2,783,245 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in 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 purchasing an additional 1,333,886 shares during the period.
iShares Core Total USD Bond Market ETF Price Performance
Shares of NASDAQ IUSB opened at $44.94 on Monday. The business has a fifty day simple moving average of $44.63 and a two-hundred day simple moving average of $45.76. The firm has a market cap of $50.41 billion, a PE ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a twelve month low of $43.75 and a twelve month high of $47.23.
iShares Core Total USD Bond Market ETF Increases Dividend
The company also recently declared 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%. The ex-dividend date of this dividend was Monday, November 2nd. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544.
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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