Verus Capital Partners LLC Has $7.65 Million Holdings in iShares Core Total USD Bond Market ETF $IUSB

Verus Capital Partners LLC increased its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 9.8% during the fourth quarter, HoldingsChannel reports. The fund owned 164,311 shares of the company’s stock after acquiring an additional 14,642 shares during the quarter. Verus Capital Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $7,647,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 8.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock valued at $1,332,103,000 after purchasing an additional 2,324,731 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 4.9% in the third quarter. JPMorgan Chase & Co. now owns 19,693,393 shares of the company’s stock valued at $919,878,000 after purchasing an additional 911,004 shares during the last quarter. CWM LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 0.5% in the fourth quarter. CWM LLC now owns 17,194,171 shares of the company’s stock valued at $800,217,000 after purchasing an additional 85,428 shares during the last quarter. Mariner LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 11.5% in the third quarter. Mariner LLC now owns 14,004,882 shares of the company’s stock valued at $654,168,000 after purchasing an additional 1,449,320 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 3.0% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 12,467,587 shares of the company’s stock valued at $580,241,000 after purchasing an additional 363,749 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB stock opened at $45.94 on Thursday. The firm has a 50-day moving average of $46.13 and a 200-day moving average of $46.48. The company has a market cap of $36.35 billion, a P/E ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a one year low of $45.33 and a one year high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Monday, June 1st will be issued a $0.1511 dividend. The ex-dividend date is Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.9%.

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.