Bank of New York Mellon Corp Acquires 63,877 Shares of iShares Core Total USD Bond Market ETF $IUSB

Bank of New York Mellon Corp increased its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 0.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 9,064,233 shares of the company’s stock after buying an additional 63,877 shares during the period. Bank of New York Mellon Corp’s holdings in iShares Core Total USD Bond Market ETF were worth $419,039,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the company. Morris Financial Concepts Inc. lifted its stake in iShares Core Total USD Bond Market ETF by 1.2% in the second quarter. Morris Financial Concepts Inc. now owns 20,711 shares of the company’s stock valued at $957,000 after purchasing an additional 239 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in iShares Core Total USD Bond Market ETF by 2.1% in the second quarter. AdvisorNet Financial Inc now owns 15,263 shares of the company’s stock valued at $706,000 after purchasing an additional 308 shares during the last quarter. Financial Sense Advisors Inc. lifted its stake in iShares Core Total USD Bond Market ETF by 6.2% in the first quarter. Financial Sense Advisors Inc. now owns 5,690 shares of the company’s stock valued at $262,000 after purchasing an additional 331 shares during the last quarter. PKS Advisory Services LLC lifted its stake in iShares Core Total USD Bond Market ETF by 3.8% in the first quarter. PKS Advisory Services LLC now owns 9,286 shares of the company’s stock valued at $428,000 after purchasing an additional 342 shares during the last quarter. Finally, Uptick Partners LLC lifted its stake in iShares Core Total USD Bond Market ETF by 8.5% in the second quarter. Uptick Partners LLC now owns 5,633 shares of the company’s stock valued at $260,000 after purchasing an additional 443 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.4%

iShares Core Total USD Bond Market ETF stock opened at $46.62 on Tuesday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.20. The business’s 50 day simple moving average is $46.74 and its 200 day simple moving average is $46.12. The company has a market cap of $33.14 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 6th. Investors of record on Monday, November 3rd will be paid a $0.1643 dividend. The ex-dividend date is Monday, November 3rd. This represents a c) annualized dividend and a yield of 4.2%.

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.