Beacon Capital Management LLC Buys 1,407 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Beacon Capital Management LLC raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 58.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,817 shares of the company’s stock after buying an additional 1,407 shares during the period. Beacon Capital Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $176,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Synergy Investment Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter valued at $29,000. Investors Research Corp grew its holdings in shares of iShares Core Total USD Bond Market ETF by 212.9% during the 1st quarter. Investors Research Corp now owns 657 shares of the company’s stock valued at $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 1st quarter worth $38,000. CX Institutional bought a new stake in iShares Core Total USD Bond Market ETF in the 1st quarter worth $41,000. Finally, National Bank of Canada FI bought a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter worth $45,000.

iShares Core Total USD Bond Market ETF Stock Up 0.3%

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.70 on Wednesday. The firm has a market cap of $32.89 billion, a PE ratio of 10.80 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 12-month low of $44.67 and a 12-month high of $47.44. The company’s fifty day simple moving average is $45.53 and its two-hundred day simple moving average is $45.57.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a $0.1651 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is a positive change 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.