Two West Capital Advisors LLC Acquires 3,589 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Two West Capital Advisors LLC boosted its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 10.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 36,501 shares of the company’s stock after purchasing an additional 3,589 shares during the period. iShares Core Total USD Bond Market ETF comprises approximately 1.4% of Two West Capital Advisors LLC’s portfolio, making the stock its 14th largest holding. Two West Capital Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,647,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IUSB. Synergy Investment Management LLC bought a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter worth $29,000. Investors Research Corp lifted its stake in iShares Core Total USD Bond Market ETF by 212.9% in the first quarter. Investors Research Corp now owns 657 shares of the company’s stock worth $30,000 after purchasing an additional 447 shares during the last quarter. MassMutual Private Wealth & Trust FSB bought a new stake in iShares Core Total USD Bond Market ETF in the first quarter worth $38,000. CX Institutional bought a new stake in iShares Core Total USD Bond Market ETF in the first quarter worth $41,000. Finally, National Bank of Canada FI bought a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter worth $45,000.

iShares Core Total USD Bond Market ETF Stock Up 0.3%

iShares Core Total USD Bond Market ETF stock opened at $45.64 on Thursday. The company has a market capitalization of $32.40 billion, a PE ratio of 10.80 and a beta of 0.25. The firm has a fifty day simple moving average of $45.52 and a two-hundred day simple moving average of $45.58. iShares Core Total USD Bond Market ETF has a twelve month low of $44.67 and a twelve month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were paid a $0.1651 dividend. The ex-dividend date was Monday, June 2nd. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16.

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.