iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Shares Bought by PFG Advisors

PFG Advisors raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 278,153 shares of the company’s stock after purchasing an additional 4,012 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for about 0.8% of PFG Advisors’ portfolio, making the stock its 25th largest position. PFG Advisors’ holdings in iShares Core Total USD Bond Market ETF were worth $12,573,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IUSB. LPL Financial LLC raised its position in iShares Core Total USD Bond Market ETF by 20.3% in the 3rd quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock valued at $1,853,263,000 after purchasing an additional 6,632,679 shares in the last quarter. Jones Financial Companies Lllp raised its position in iShares Core Total USD Bond Market ETF by 12.2% in the 4th quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock valued at $2,735,756,000 after purchasing an additional 6,586,279 shares in the last quarter. Life Planning Partners Inc raised its position in iShares Core Total USD Bond Market ETF by 4,352.9% in the 4th quarter. Life Planning Partners Inc now owns 4,380,903 shares of the company’s stock valued at $198,017,000 after purchasing an additional 4,282,520 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter valued at about $183,980,000. Finally, JPMorgan Chase & Co. raised its position in shares of iShares Core Total USD Bond Market ETF by 14.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock worth $976,181,000 after acquiring an additional 2,651,218 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $45.85 on Wednesday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44. The firm has a market capitalization of $32.61 billion, a PE ratio of 16.77 and a beta of 0.15. The stock’s 50-day simple moving average is $45.46 and its 200-day simple moving average is $45.95.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1553 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15.

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.