127,136 Shares in iShares Core Total USD Bond Market ETF $IUSB Purchased by Entrust Financial LLC

Entrust Financial LLC acquired a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 127,136 shares of the company’s stock, valued at approximately $5,605,000. iShares Core Total USD Bond Market ETF comprises approximately 2.7% of Entrust Financial LLC’s investment portfolio, making the stock its 11th largest position.

Several other large investors have also recently modified their holdings of IUSB. Envestnet Asset Management Inc. lifted its position in iShares Core Total USD Bond Market ETF by 35.3% in the second quarter. Envestnet Asset Management Inc. now owns 180,016,371 shares of the company’s stock worth $8,307,768,000 after buying an additional 46,935,169 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core Total USD Bond Market ETF by 10.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock valued at $1,542,409,000 after acquiring an additional 3,083,604 shares during the period. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 35.1% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock worth $781,656,000 after acquiring an additional 4,399,948 shares during the last quarter. Park Avenue Securities LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 21.6% during the 3rd quarter. Park Avenue Securities LLC now owns 15,696,885 shares of the company’s stock worth $692,076,000 after purchasing an additional 2,783,245 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in iShares Core Total USD Bond Market ETF by 13.8% during the 1st quarter. Bank of New York Mellon Corp now owns 10,974,170 shares of the company’s stock valued at $506,897,000 after purchasing an additional 1,333,886 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock opened at $44.94 on Monday. The firm has a market capitalization of $50.41 billion, a P/E ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 1-year low of $43.75 and a 1-year high of $47.23. The company’s 50-day moving average is $44.63 and its 200 day moving average is $45.76.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a $0.1718 dividend. The ex-dividend date was Monday, November 2nd. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544. This represents a $2.06 annualized dividend and a dividend yield of 4.6%.

iShares Core Total USD Bond Market ETF Company 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.