Bank of New York Mellon Corp boosted its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Free Report) by 7.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,640,284 shares of the company’s stock after buying an additional 686,685 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares Core Total USD Bond Market ETF were worth $448,659,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of IUSB. CIBC Private Wealth Group LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter worth $27,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth $30,000. Chapman Financial Group LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter worth $31,000. Collier Financial acquired a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter worth $32,000. Finally, United Financial Planning Group LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter worth $50,000.
iShares Core Total USD Bond Market ETF Trading Down 0.2%
NASDAQ IUSB opened at $45.94 on Thursday. iShares Core Total USD Bond Market ETF has a 1-year low of $45.33 and a 1-year high of $47.23. The company has a market capitalization of $36.35 billion, a PE ratio of 10.80 and a beta of 0.27. The firm’s fifty day simple moving average is $46.13 and its 200-day simple moving average is $46.48.
iShares Core Total USD Bond Market ETF Cuts Dividend
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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