iShares Core Total USD Bond Market ETF $IUSB Stake Lifted by First Command Advisory Services Inc.

First Command Advisory Services Inc. raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 17.7% in the third quarter, HoldingsChannel reports. The fund owned 4,280,757 shares of the company’s stock after purchasing an additional 645,165 shares during the period. iShares Core Total USD Bond Market ETF accounts for approximately 1.0% of First Command Advisory Services Inc.’s investment portfolio, making the stock its 13th largest holding. First Command Advisory Services Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $188,739,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of IUSB. Davidson Investment Advisors increased its holdings in shares of iShares Core Total USD Bond Market ETF by 1.9% during the 2nd quarter. Davidson Investment Advisors now owns 12,237 shares of the company’s stock valued at $565,000 after purchasing an additional 234 shares in the last quarter. Acorn Financial Advisory Services Inc. ADV boosted its holdings in iShares Core Total USD Bond Market ETF by 5.9% during the second quarter. Acorn Financial Advisory Services Inc. ADV now owns 5,158 shares of the company’s stock worth $238,000 after buying an additional 289 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in iShares Core Total USD Bond Market ETF by 1.4% during the first quarter. EverSource Wealth Advisors LLC now owns 25,825 shares of the company’s stock valued at $1,193,000 after buying an additional 351 shares during the period. XML Financial LLC grew its position in iShares Core Total USD Bond Market ETF by 9.0% during the third quarter. XML Financial LLC now owns 4,868 shares of the company’s stock valued at $215,000 after buying an additional 402 shares during the period. Finally, Heritage Family Offices LLP grew its position in iShares Core Total USD Bond Market ETF by 2.3% during the third quarter. Heritage Family Offices LLP now owns 21,825 shares of the company’s stock valued at $962,000 after buying an additional 481 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB opened at $44.66 on Thursday. The company has a fifty day moving average of $44.60 and a two-hundred day moving average of $45.73. The stock has a market capitalization of $50.14 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a fifty-two week low of $43.75 and a fifty-two week high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.1718 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544. The ex-dividend date was Monday, November 2nd. This represents a $2.06 dividend on an annualized basis 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.