Concurrent Investment Advisors LLC Acquires 11,901 Shares of iShares Core Total USD Bond Market ETF $IUSB

Concurrent Investment Advisors LLC lifted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 14.3% during the 2nd quarter, Holdings Channel reports. The firm owned 95,253 shares of the company’s stock after purchasing an additional 11,901 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $4,404,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. CX Institutional bought a new position in shares of iShares Core Total USD Bond Market ETF during the first quarter worth approximately $41,000. AlphaCore Capital LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the first quarter worth $47,000. N.E.W. Advisory Services LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the first quarter valued at $50,000. NorthRock Partners LLC raised its position in iShares Core Total USD Bond Market ETF by 379.1% during the 1st quarter. NorthRock Partners LLC now owns 1,418 shares of the company’s stock worth $65,000 after purchasing an additional 1,122 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. lifted its holdings in iShares Core Total USD Bond Market ETF by 233.9% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 1,666 shares of the company’s stock worth $77,000 after buying an additional 1,167 shares during the period.

iShares Core Total USD Bond Market ETF Trading Up 0.2%

Shares of IUSB opened at $46.84 on Tuesday. The company has a market capitalization of $33.18 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 $47.03. The stock’s 50-day moving average price is $46.50 and its two-hundred day moving average price is $45.98.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.1668 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, October 1st. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly 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.