MML Investors Services LLC Buys 468,601 Shares of iShares Core Total USD Bond Market ETF $IUSB

MML Investors Services LLC grew its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,437,955 shares of the company’s stock after acquiring an additional 468,601 shares during the quarter. iShares Core Total USD Bond Market ETF comprises about 0.8% of MML Investors Services LLC’s investment portfolio, making the stock its 19th biggest holding. MML Investors Services LLC owned 0.99% of iShares Core Total USD Bond Market ETF worth $346,162,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in IUSB. Mariner LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 15.1% in the fourth quarter. Mariner LLC now owns 16,120,286 shares of the company’s stock worth $750,239,000 after purchasing an additional 2,115,404 shares during the last quarter. Focus Partners Wealth grew its position in iShares Core Total USD Bond Market ETF by 18.1% in the 4th quarter. Focus Partners Wealth now owns 1,607,867 shares of the company’s stock worth $74,830,000 after purchasing an additional 246,252 shares during the period. Destination Wealth Management raised its stake in iShares Core Total USD Bond Market ETF by 5.2% during the 4th quarter. Destination Wealth Management now owns 1,004,200 shares of the company’s stock valued at $46,735,000 after buying an additional 49,755 shares during the last quarter. Arax Advisory Partners purchased a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter valued at $318,000. Finally, 17 Capital Partners LLC lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 59.9% during the 4th quarter. 17 Capital Partners LLC now owns 13,558 shares of the company’s stock valued at $631,000 after buying an additional 5,077 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock opened at $46.05 on Monday. The company has a market cap of $36.44 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1 year low of $45.47 and a 1 year high of $47.23. The stock’s fifty day moving average price is $46.11 and its 200-day moving average price is $46.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued 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 yield of 3.9%.

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.