Sovereign Investment Advisors LLC Makes New Investment in iShares Core Total USD Bond Market ETF $IUSB

Sovereign Investment Advisors LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,067 shares of the company’s stock, valued at approximately $841,000.

Several other hedge funds also recently bought and sold shares of the stock. Portfolio Resources Advisor Group Inc. purchased a new position in iShares Core Total USD Bond Market ETF during the fourth quarter worth $5,293,000. Retirement Capital Strategies increased its position in iShares Core Total USD Bond Market ETF by 7.8% during the fourth quarter. Retirement Capital Strategies now owns 201,662 shares of the company’s stock worth $9,385,000 after buying an additional 14,528 shares in the last quarter. MML Investors Services LLC increased its position in iShares Core Total USD Bond Market ETF by 6.7% during the fourth quarter. MML Investors Services LLC now owns 7,437,955 shares of the company’s stock worth $346,162,000 after buying an additional 468,601 shares in the last quarter. Mariner LLC increased its position in iShares Core Total USD Bond Market ETF by 15.1% during the fourth quarter. Mariner LLC now owns 16,120,286 shares of the company’s stock worth $750,239,000 after buying an additional 2,115,404 shares in the last quarter. Finally, Focus Partners Wealth increased its position in iShares Core Total USD Bond Market ETF by 18.1% during the fourth quarter. Focus Partners Wealth now owns 1,607,867 shares of the company’s stock worth $74,830,000 after buying an additional 246,252 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $46.10 on Tuesday. The company has a market capitalization of $36.48 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.47 and a fifty-two week high of $47.23. The stock has a fifty day moving average of $46.11 and a two-hundred day moving average of $46.43.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.1511 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

iShares Core Total USD Bond Market ETF 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.