Targeted Financial Services LLC Takes $967,000 Position in iShares Core Total USD Bond Market ETF $IUSB

Targeted Financial Services LLC bought a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,775 shares of the company’s stock, valued at approximately $967,000. iShares Core Total USD Bond Market ETF makes up about 0.8% of Targeted Financial Services LLC’s holdings, making the stock its 17th largest holding.

A number of other hedge funds have also made changes to their positions in IUSB. Diversify Advisory Services LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 11.3% in the 3rd quarter. Diversify Advisory Services LLC now owns 159,983 shares of the company’s stock valued at $7,458,000 after buying an additional 16,301 shares during the period. Advyzon Investment Management LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 58.0% in the 3rd quarter. Advyzon Investment Management LLC now owns 30,379 shares of the company’s stock valued at $1,419,000 after acquiring an additional 11,147 shares during the last quarter. Ausdal Financial Partners Inc. increased its stake in iShares Core Total USD Bond Market ETF by 169.5% in the third quarter. Ausdal Financial Partners Inc. now owns 40,553 shares of the company’s stock valued at $1,894,000 after purchasing an additional 25,504 shares in the last quarter. Royal Fund Management LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 186.5% in the 4th quarter. Royal Fund Management LLC now owns 162,128 shares of the company’s stock valued at $7,546,000 after buying an additional 105,546 shares in the last quarter. Finally, Blueprint Financial Advisors LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter worth about $578,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB stock opened at $46.12 on Friday. The firm has a fifty day moving average of $46.10 and a 200-day moving average of $46.41. iShares Core Total USD Bond Market ETF has a 12-month low of $45.47 and a 12-month high of $47.23. The company has a market capitalization of $36.49 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.1511 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 3.9%.

About iShares Core Total USD Bond Market ETF

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.