NewEdge Advisors LLC Acquires 1,049,332 Shares of iShares Core Total USD Bond Market ETF $IUSB

NewEdge Advisors LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 34.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,136,795 shares of the company’s stock after purchasing an additional 1,049,332 shares during the quarter. NewEdge Advisors LLC owned 0.44% of iShares Core Total USD Bond Market ETF worth $191,018,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of IUSB. Johnson Financial Group Inc. boosted its holdings in shares of 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 buying an additional 4,982,541 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in shares of 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 acquiring an additional 4,399,948 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of 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 acquiring an additional 3,083,604 shares during the period. Align Financial LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter valued at $132,644,000. Finally, Mariner LLC lifted its position in iShares Core Total USD Bond Market ETF by 15.1% in the 4th quarter. Mariner LLC now owns 16,120,286 shares of the company’s stock valued at $750,239,000 after acquiring an additional 2,115,404 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.1%

Shares of NASDAQ IUSB opened at $45.21 on Wednesday. The company has a fifty day moving average price of $45.56 and a 200 day moving average price of $46.00. The firm has a market cap of $42.81 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1-year low of $45.12 and a 1-year high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.168 per share. The ex-dividend date of this dividend was Tuesday, September 1st.

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.