Lodestar Private Asset Management LLC Grows Holdings in iShares Core Total USD Bond Market ETF $IUSB

Lodestar Private Asset Management LLC lifted its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 8.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 317,168 shares of the company’s stock after purchasing an additional 25,697 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for 1.4% of Lodestar Private Asset Management LLC’s portfolio, making the stock its 21st largest position. Lodestar Private Asset Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $14,650,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. AQR Capital Management LLC increased its holdings in iShares Core Total USD Bond Market ETF by 9.9% in the 1st quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock valued at $2,776,000 after purchasing an additional 5,416 shares during the last quarter. Goldman Sachs Group Inc. raised its position in iShares Core Total USD Bond Market ETF by 40.7% in the first quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock valued at $8,817,000 after purchasing an additional 55,360 shares during the period. M&T Bank Corp acquired a new position in iShares Core Total USD Bond Market ETF during the second quarter worth $335,000. Brown Advisory Inc. acquired a new position in iShares Core Total USD Bond Market ETF during the second quarter worth $246,000. Finally, Qube Research & Technologies Ltd purchased a new position in shares of iShares Core Total USD Bond Market ETF during the second quarter worth $167,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $45.96 on Friday. iShares Core Total USD Bond Market ETF has a twelve month low of $45.47 and a twelve month high of $47.23. The stock has a fifty day simple moving average of $46.04 and a 200-day simple moving average of $46.38. The stock has a market capitalization of $42.60 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be issued a dividend of $0.164 per share. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. The ex-dividend date is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.