PAX Financial Group LLC Has $22.97 Million Holdings in iShares Core Total USD Bond Market ETF $IUSB

PAX Financial Group LLC cut its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 491,744 shares of the company’s stock after selling 25,343 shares during the quarter. iShares Core Total USD Bond Market ETF makes up 4.1% of PAX Financial Group LLC’s portfolio, making the stock its 3rd largest position. PAX Financial Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $22,969,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in IUSB. Team Financial Group LLC grew its holdings in iShares Core Total USD Bond Market ETF by 54.4% during the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after acquiring an additional 218 shares during the last quarter. Richardson Capital Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter worth about $43,000. Anchor Investment Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter worth about $51,000. Atlantic Union Bankshares Corp acquired a new position in shares of iShares Core Total USD Bond Market ETF during the second quarter worth approximately $52,000. Finally, Key Financial Inc grew its stake in shares of iShares Core Total USD Bond Market ETF by 30.2% during the second quarter. Key Financial Inc now owns 1,185 shares of the company’s stock valued at $55,000 after purchasing an additional 275 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $46.65 on Friday. The firm has a market cap of $35.02 billion, a P/E ratio of 10.80 and a beta of 0.26. The firm has a 50 day simple moving average of $46.66 and a 200 day simple moving average of $46.57. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.74 and a fifty-two week high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.