Envestnet Asset Management Inc. Purchases 46,935,169 Shares of iShares Core Total USD Bond Market ETF $IUSB

Envestnet Asset Management Inc. boosted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 35.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 180,016,371 shares of the company’s stock after acquiring an additional 46,935,169 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 1.2% of Envestnet Asset Management Inc.’s investment portfolio, making the stock its 5th biggest position. Envestnet Asset Management Inc. owned 18.38% of iShares Core Total USD Bond Market ETF worth $8,307,768,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Johnson Financial Group Inc. boosted its holdings in iShares Core Total USD Bond Market ETF by 7,027.0% in the first quarter. Johnson Financial Group Inc. now owns 5,053,447 shares of the company’s stock valued at $233,419,000 after purchasing an additional 4,982,541 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 35.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock worth $781,656,000 after purchasing an additional 4,399,948 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Core Total USD Bond Market ETF by 10.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock worth $1,542,409,000 after purchasing an additional 3,083,604 shares in the last quarter. Align Financial LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $132,644,000. Finally, Mariner LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 15.1% during the 4th 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 during the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.8%

Shares of iShares Core Total USD Bond Market ETF stock traded down $0.38 on Wednesday, hitting $44.54. The stock had a trading volume of 19,895,054 shares, compared to its average volume of 4,985,163. iShares Core Total USD Bond Market ETF has a 52-week low of $44.45 and a 52-week high of $47.23. The company’s 50 day moving average price is $45.36 and its 200 day moving average price is $45.85. The stock has a market cap of $43.62 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.168 dividend. The ex-dividend date of this dividend was Tuesday, September 1st.

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.