Daviman Financial LLC Makes New $5.81 Million Investment in iShares Core Total USD Bond Market ETF $IUSB

Daviman Financial LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 4th quarter, Holdings Channel.com reports. The fund purchased 124,902 shares of the company’s stock, valued at approximately $5,813,000. iShares Core Total USD Bond Market ETF accounts for 3.4% of Daviman Financial LLC’s investment portfolio, making the stock its 10th biggest position.

Several other hedge funds have also modified their holdings of the company. Jones Financial Companies Lllp boosted its stake in shares of iShares Core Total USD Bond Market ETF by 6.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock worth $3,327,011,000 after acquiring an additional 4,589,650 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 8.1% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 26,298,023 shares of the company’s stock worth $1,228,381,000 after acquiring an additional 1,980,869 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 4.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,693,393 shares of the company’s stock worth $919,878,000 after acquiring an additional 911,004 shares in the last quarter. CWM LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 0.5% during the 4th quarter. CWM LLC now owns 17,194,171 shares of the company’s stock worth $800,217,000 after acquiring an additional 85,428 shares in the last quarter. Finally, Mariner LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 11.5% during the 3rd quarter. Mariner LLC now owns 14,004,882 shares of the company’s stock worth $654,168,000 after acquiring an additional 1,449,320 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.1%

IUSB stock opened at $45.88 on Friday. The company’s 50-day simple moving average is $46.16 and its 200-day simple moving average is $46.51. iShares Core Total USD Bond Market ETF has a 52-week low of $45.25 and a 52-week high of $47.23. The firm has a market cap of $36.30 billion, a P/E ratio of 10.80 and a beta of 0.27.

iShares Core Total USD Bond Market ETF Announces Dividend

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