iShares Core Total USD Bond Market ETF $IUSB Position Increased by Wells Fargo & Company MN

Wells Fargo & Company MN raised its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 47,946,578 shares of the company’s stock after buying an additional 1,331,490 shares during the period. Wells Fargo & Company MN owned about 0.06% of iShares Core Total USD Bond Market ETF worth $2,231,434,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of IUSB. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Core Total USD Bond Market ETF by 8.8% during the fourth 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 purchased a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter valued at about $104,011,000. Mariner LLC lifted its stake in iShares Core Total USD Bond Market ETF by 11.5% during the third quarter. Mariner LLC now owns 14,004,882 shares of the company’s stock valued at $654,168,000 after buying an additional 1,449,320 shares in the last quarter. Citadel Advisors LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the third quarter valued at about $59,881,000. Finally, Savvy Advisors Inc. lifted its stake in iShares Core Total USD Bond Market ETF by 60.0% during the fourth quarter. Savvy Advisors Inc. now owns 2,839,695 shares of the company’s stock valued at $132,159,000 after buying an additional 1,065,133 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.1%

IUSB stock opened at $46.05 on Friday. The firm has a market capitalization of $36.44 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a one year low of $45.47 and a one year high of $47.23. The firm has a 50-day moving average of $46.11 and a two-hundred day moving average of $46.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

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

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.