Polaris Investment Advisors LLC Invests $7.67 Million in iShares Core Total USD Bond Market ETF $IUSB

Polaris Investment Advisors LLC bought a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 164,815 shares of the company’s stock, valued at approximately $7,670,000. iShares Core Total USD Bond Market ETF comprises 5.5% of Polaris Investment Advisors LLC’s holdings, making the stock its 5th largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cassilly Financial Group LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter valued at about $3,490,000. Columbus Macro LLC lifted its stake in iShares Core Total USD Bond Market ETF by 8.4% in the 4th quarter. Columbus Macro LLC now owns 48,626 shares of the company’s stock worth $2,263,000 after purchasing an additional 3,753 shares in the last quarter. Centurion Wealth Management LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 2.8% during the 4th quarter. Centurion Wealth Management LLC now owns 159,063 shares of the company’s stock worth $7,403,000 after purchasing an additional 4,307 shares during the last quarter. Johnson Bixby & Associates LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $43,210,000. Finally, Cypress Wealth Services LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 6.2% in the fourth quarter. Cypress Wealth Services LLC now owns 150,758 shares of the company’s stock valued at $7,016,000 after purchasing an additional 8,799 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ:IUSB opened at $46.10 on Tuesday. iShares Core Total USD Bond Market ETF has a one year low of $44.74 and a one year high of $47.23. The stock has a market cap of $34.67 billion, a PE ratio of 10.80 and a beta of 0.26. The stock has a 50 day moving average price of $46.61 and a 200 day moving average price of $46.69.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.1573 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, March 2nd.

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.