Concurrent Investment Advisors LLC Buys 171,223 Shares of iShares Core Total USD Bond Market ETF $IUSB

Concurrent Investment Advisors LLC increased its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 39.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 608,522 shares of the company’s stock after acquiring an additional 171,223 shares during the quarter. Concurrent Investment Advisors LLC owned about 0.06% of iShares Core Total USD Bond Market ETF worth $28,083,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Balance Wealth Partners LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 12.4% in the 2nd quarter. Balance Wealth Partners LLC now owns 100,699 shares of the company’s stock valued at $4,647,000 after purchasing an additional 11,145 shares during the last quarter. UNIVEST FINANCIAL Corp increased its position in shares of iShares Core Total USD Bond Market ETF by 19.7% during the fourth quarter. UNIVEST FINANCIAL Corp now owns 996,771 shares of the company’s stock worth $46,390,000 after buying an additional 163,853 shares during the period. LCW Services LLC bought a new position in iShares Core Total USD Bond Market ETF during the fourth quarter worth $3,166,000. Balefire LLC raised its stake in iShares Core Total USD Bond Market ETF by 447.0% during the second quarter. Balefire LLC now owns 120,307 shares of the company’s stock worth $5,552,000 after buying an additional 98,312 shares during the last quarter. Finally, Sovereign Investment Advisors LLC acquired a new position in iShares Core Total USD Bond Market ETF in the fourth quarter valued at $841,000.

iShares Core Total USD Bond Market ETF Trading Up 0.1%

Shares of IUSB opened at $45.23 on Friday. The stock has a market capitalization of $42.83 billion, a P/E ratio of 10.80 and a beta of 0.26. The firm’s fifty day simple moving average is $45.62 and its two-hundred day simple moving average is $46.04. iShares Core Total USD Bond Market ETF has a 12 month low of $45.12 and a 12 month high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be given a $0.168 dividend. The ex-dividend date of this dividend is Tuesday, September 1st.

About iShares Core Total USD Bond Market ETF

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.