Bleakley Financial Group LLC Invests $918,000 in iShares Core Total USD Bond Market ETF $IUSB

Bleakley Financial Group LLC bought a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 19,885 shares of the company’s stock, valued at approximately $918,000.

Other institutional investors also recently made changes to their positions in the company. Wells Fargo & Company MN increased its position in iShares Core Total USD Bond Market ETF by 2.9% in the 4th quarter. Wells Fargo & Company MN now owns 47,946,578 shares of the company’s stock valued at $2,231,434,000 after acquiring an additional 1,331,490 shares during the period. LPL Financial LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 2.2% in the 4th quarter. LPL Financial LLC now owns 45,507,455 shares of the company’s stock valued at $2,117,917,000 after purchasing an additional 966,130 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position 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 purchasing an additional 2,324,731 shares during the last quarter. Morgan Stanley grew its position in iShares Core Total USD Bond Market ETF by 8.5% in the fourth quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock worth $1,149,554,000 after acquiring an additional 1,931,838 shares in the last quarter. Finally, CWM LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 0.5% in the 4th quarter. CWM LLC now owns 17,194,171 shares of the company’s stock valued at $800,217,000 after acquiring an additional 85,428 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.0%

IUSB opened at $45.79 on Friday. The business has a 50 day moving average of $45.95 and a 200-day moving average of $46.32. The stock has a market capitalization of $42.87 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1-year low of $45.47 and a 1-year high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.164 per share. The ex-dividend date was Wednesday, July 1st. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a dividend yield of 4.3%.

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.