Kestra Investment Management LLC Raises Stake in iShares Core Total USD Bond Market ETF $IUSB

Kestra Investment Management LLC grew its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 9.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,604,175 shares of the company’s stock after acquiring an additional 381,485 shares during the period. iShares Core Total USD Bond Market ETF accounts for approximately 5.2% of Kestra Investment Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Kestra Investment Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $214,278,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. CIBC Private Wealth Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $27,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth $30,000. Chapman Financial Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $31,000. Collier Financial acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $32,000. Finally, Richardson Capital Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $43,000.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB opened at $45.88 on Tuesday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.25 and a fifty-two week high of $47.23. The company has a market capitalization of $36.30 billion, a P/E ratio of 10.80 and a beta of 0.27. The stock has a fifty day moving average of $46.15 and a 200-day moving average of $46.51.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a dividend of $0.1629 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.