Redwood Investment Management LLC Acquires 7,248 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Redwood Investment Management LLC boosted its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 99,243 shares of the company’s stock after purchasing an additional 7,248 shares during the period. Redwood Investment Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $4,486,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in shares of iShares Core Total USD Bond Market ETF by 14.7% in the 3rd 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 during the last quarter. First Financial Corp IN acquired a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth approximately $35,000. Accurate Wealth Management LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 1.8% in the fourth quarter. Accurate Wealth Management LLC now owns 22,721 shares of the company’s stock valued at $1,017,000 after acquiring an additional 403 shares during the last quarter. Pines Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at approximately $2,933,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in iShares Core Total USD Bond Market ETF by 533.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,311 shares of the company’s stock valued at $59,000 after purchasing an additional 1,104 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $45.26 on Thursday. The firm has a market cap of $32.57 billion, a price-to-earnings ratio of 10.76 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 52-week low of $44.59 and a 52-week high of $47.44. The firm has a 50 day moving average price of $45.71 and a two-hundred day moving average price of $45.61.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were given a dividend of $0.1612 per share. The ex-dividend date was Thursday, May 1st. This is a boost from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16.

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.