Pinion Investment Advisors LLC Has $4.51 Million Holdings in iShares Core Total USD Bond Market ETF $IUSB

Pinion Investment Advisors LLC raised its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 66.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 95,829 shares of the company’s stock after buying an additional 38,385 shares during the period. iShares Core Total USD Bond Market ETF makes up 1.2% of Pinion Investment Advisors LLC’s portfolio, making the stock its 16th biggest holding. Pinion Investment Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $4,512,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Team Financial Group LLC increased its position in iShares Core Total USD Bond Market ETF by 54.4% in the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after acquiring an additional 218 shares during the period. Anchor Investment Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the second quarter valued at $51,000. Atlantic Union Bankshares Corp bought a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter worth $52,000. Key Financial Inc lifted its holdings in iShares Core Total USD Bond Market ETF by 30.2% during the 2nd quarter. Key Financial Inc now owns 1,185 shares of the company’s stock worth $55,000 after buying an additional 275 shares during the period. Finally, Investors Research Corp grew its position in shares of iShares Core Total USD Bond Market ETF by 111.7% in the 3rd quarter. Investors Research Corp now owns 1,391 shares of the company’s stock valued at $65,000 after buying an additional 734 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.1%

Shares of IUSB stock opened at $46.64 on Tuesday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.67 and a 1-year high of $47.20. The stock has a market cap of $34.60 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The stock has a 50-day moving average of $46.66 and a 200-day moving average of $46.50.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a dividend of $0.1648 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Friday, December 19th. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.