iShares Core Total USD Bond Market ETF $IUSB Stock Position Boosted by LPL Financial LLC

LPL Financial LLC boosted its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,507,455 shares of the company’s stock after buying an additional 966,130 shares during the period. iShares Core Total USD Bond Market ETF accounts for 0.6% of LPL Financial LLC’s portfolio, making the stock its 29th biggest holding. LPL Financial LLC owned about 6.05% of iShares Core Total USD Bond Market ETF worth $2,117,917,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IUSB. Northwestern Mutual Wealth Management Co. grew its position in iShares Core Total USD Bond Market ETF by 8.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock valued at $1,332,103,000 after buying an additional 2,324,731 shares in the last quarter. Symmetry Partners LLC bought a new position in iShares Core Total USD Bond Market ETF in the 4th quarter valued at about $104,011,000. Mariner LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 11.5% in the 3rd quarter. Mariner LLC now owns 14,004,882 shares of the company’s stock valued at $654,168,000 after acquiring an additional 1,449,320 shares during the last quarter. Citadel Advisors LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $59,881,000. Finally, Savvy Advisors Inc. lifted its holdings in iShares Core Total USD Bond Market ETF by 60.0% in the 4th quarter. Savvy Advisors Inc. now owns 2,839,695 shares of the company’s stock valued at $132,159,000 after acquiring an additional 1,065,133 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $45.80 on Monday. iShares Core Total USD Bond Market ETF has a twelve month low of $45.33 and a twelve month high of $47.23. The company has a market capitalization of $36.24 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The firm has a 50-day moving average of $46.12 and a two-hundred day moving average of $46.47.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.1511 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. 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.