iShares Core Total USD Bond Market ETF $IUSB Stock Position Boosted by LifePlan Investment Advisors Inc.

LifePlan Investment Advisors Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 46.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 175,803 shares of the company’s stock after acquiring an additional 55,604 shares during the quarter. iShares Core Total USD Bond Market ETF comprises approximately 2.8% of LifePlan Investment Advisors Inc.’s holdings, making the stock its 7th biggest holding. LifePlan Investment Advisors Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $8,113,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Wells Fargo & Company MN raised its position in iShares Core Total USD Bond Market ETF by 2.9% in the fourth quarter. Wells Fargo & Company MN now owns 47,946,578 shares of the company’s stock valued at $2,231,434,000 after purchasing an additional 1,331,490 shares during the period. LPL Financial LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 2.2% in the fourth quarter. LPL Financial LLC now owns 45,507,455 shares of the company’s stock worth $2,117,917,000 after buying an additional 966,130 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Core Total USD Bond Market ETF by 10.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock worth $1,542,409,000 after buying an additional 3,083,604 shares during the period. Morgan Stanley grew its stake in shares of iShares Core Total USD Bond Market ETF by 8.5% in the fourth quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock valued at $1,149,554,000 after buying an additional 1,931,838 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares Core Total USD Bond Market ETF by 35.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock valued at $781,656,000 after buying an additional 4,399,948 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ:IUSB opened at $45.23 on Friday. The company has a market cap of $42.83 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a one year low of $45.12 and a one year high of $47.23. The business’s 50-day simple moving average is $45.62 and its 200 day simple moving average is $46.04.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be given a $0.168 dividend. The ex-dividend date of this dividend is Tuesday, September 1st.

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.