Keenan LLC Purchases Shares of 25,968 iShares Core Total USD Bond Market ETF $IUSB

Keenan LLC purchased a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,968 shares of the company’s stock, valued at approximately $1,209,000. iShares Core Total USD Bond Market ETF accounts for 1.1% of Keenan LLC’s investment portfolio, making the stock its 19th biggest position.

A number of other hedge funds have also modified their holdings of the company. Targeted Financial Services LLC bought a new position in iShares Core Total USD Bond Market ETF in the 4th quarter worth $967,000. Anchor Investment Management LLC increased its stake in iShares Core Total USD Bond Market ETF by 30.5% in the 4th quarter. Anchor Investment Management LLC now owns 1,451 shares of the company’s stock worth $68,000 after buying an additional 339 shares in the last quarter. BDFS Capital LLC bought a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter valued at about $251,000. Barnes Wealth Management Group Inc raised its holdings in iShares Core Total USD Bond Market ETF by 0.6% during the fourth quarter. Barnes Wealth Management Group Inc now owns 177,979 shares of the company’s stock valued at $8,283,000 after acquiring an additional 1,031 shares during the period. Finally, Talisman Wealth Advisors LLC bought a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter valued at about $249,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $46.12 on Friday. The company has a market capitalization of $36.49 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The stock’s 50-day simple moving average is $46.10 and its 200-day simple moving average is $46.41. iShares Core Total USD Bond Market ETF has a 52 week low of $45.47 and a 52 week high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.1511 per share. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Monday, June 1st.

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.