MeadowBrook Investment Advisors LLC Makes New $148,000 Investment in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

MeadowBrook Investment Advisors LLC bought a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,266 shares of the company’s stock, valued at approximately $148,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IUSB. LPL Financial LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 20.3% in the third quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock valued at $1,853,263,000 after buying an additional 6,632,679 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares Core Total USD Bond Market ETF by 14.7% in the third quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock valued at $976,181,000 after buying an additional 2,651,218 shares in the last quarter. Kestra Investment Management LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 62.3% in the third quarter. Kestra Investment Management LLC now owns 4,620,587 shares of the company’s stock valued at $217,722,000 after buying an additional 1,773,270 shares in the last quarter. MML Investors Services LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 22.2% in the third quarter. MML Investors Services LLC now owns 8,454,621 shares of the company’s stock valued at $398,382,000 after buying an additional 1,535,400 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 18.1% in the third quarter. Janney Montgomery Scott LLC now owns 9,687,022 shares of the company’s stock valued at $456,453,000 after buying an additional 1,484,171 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.2 %

Shares of NASDAQ IUSB opened at $45.38 on Wednesday. iShares Core Total USD Bond Market ETF has a twelve month low of $44.21 and a twelve month high of $47.44. The stock has a fifty day simple moving average of $45.38 and a 200-day simple moving average of $46.04.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.1542 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.