Smartleaf Asset Management LLC Purchases 25,677 Shares of iShares Core Total USD Bond Market ETF $IUSB

Smartleaf Asset Management LLC raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 134.9% in the 1st quarter, HoldingsChannel reports. The firm owned 44,718 shares of the company’s stock after acquiring an additional 25,677 shares during the quarter. Smartleaf Asset Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,056,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. 17 Capital Partners LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 18.5% during the first quarter. 17 Capital Partners LLC now owns 21,377 shares of the company’s stock worth $985,000 after acquiring an additional 3,331 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 14.0% during the first quarter. Sequoia Financial Advisors LLC now owns 5,048 shares of the company’s stock worth $233,000 after purchasing an additional 621 shares during the last quarter. J.W. Cole Advisors Inc. purchased a new position in iShares Core Total USD Bond Market ETF during the first quarter worth about $1,184,000. Northern Trust Corp purchased a new position in iShares Core Total USD Bond Market ETF during the fourth quarter worth about $205,000. Finally, CX Institutional purchased a new position in iShares Core Total USD Bond Market ETF during the first quarter worth about $41,000.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $46.33 on Friday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.67 and a fifty-two week high of $47.44. The stock has a market cap of $33.42 billion, a PE ratio of 10.80 and a beta of 0.15. The firm’s 50-day simple moving average is $45.98 and its 200 day simple moving average is $45.77.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Friday, August 1st were paid a $0.1657 dividend. The ex-dividend date was Friday, August 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.