iShares Core Total USD Bond Market ETF $IUSB is J. Mark Nickell & Co.’s 2nd Largest Position

J. Mark Nickell & Co. boosted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 10.3% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 276,300 shares of the company’s stock after acquiring an additional 25,903 shares during the period. iShares Core Total USD Bond Market ETF comprises about 11.5% of J. Mark Nickell & Co.’s holdings, making the stock its 2nd biggest holding. J. Mark Nickell & Co.’s holdings in iShares Core Total USD Bond Market ETF were worth $12,762,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Western Wealth Management LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 12.7% during the first quarter. Western Wealth Management LLC now owns 72,177 shares of the company’s stock worth $3,334,000 after purchasing an additional 8,122 shares in the last quarter. Bank of America Corp DE raised its position in shares of iShares Core Total USD Bond Market ETF by 3.7% during the 1st quarter. Bank of America Corp DE now owns 2,522,974 shares of the company’s stock worth $116,536,000 after purchasing an additional 89,781 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 1st quarter valued at about $12,141,000. Arkadios Wealth Advisors lifted its stake in iShares Core Total USD Bond Market ETF by 108.5% in the 1st quarter. Arkadios Wealth Advisors now owns 220,994 shares of the company’s stock valued at $10,208,000 after buying an additional 114,979 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in iShares Core Total USD Bond Market ETF by 1.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 25,825 shares of the company’s stock valued at $1,193,000 after buying an additional 351 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.1%

IUSB stock opened at $45.54 on Friday. iShares Core Total USD Bond Market ETF has a 12-month low of $45.38 and a 12-month high of $47.23. The business’s 50-day moving average is $45.90 and its 200 day moving average is $46.25. The stock has a market cap of $43.06 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.