iShares Core Total USD Bond Market ETF $IUSB Stock Acquired by Parkway Wealth Management Group LLC

Parkway Wealth Management Group LLC raised its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 157.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 59,529 shares of the company’s stock after acquiring an additional 36,387 shares during the period. Parkway Wealth Management Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,625,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IUSB. Envestnet Asset Management Inc. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 35.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 180,016,371 shares of the company’s stock valued at $8,307,768,000 after purchasing an additional 46,935,169 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position 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 valued at $1,542,409,000 after purchasing an additional 3,083,604 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position 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 valued at $781,656,000 after purchasing an additional 4,399,948 shares in the last quarter. Bank of New York Mellon Corp grew its stake in iShares Core Total USD Bond Market ETF by 13.8% in the first quarter. Bank of New York Mellon Corp now owns 10,974,170 shares of the company’s stock worth $506,897,000 after purchasing an additional 1,333,886 shares during the period. Finally, Cetera Investment Advisers grew its stake in iShares Core Total USD Bond Market ETF by 5.5% in the first quarter. Cetera Investment Advisers now owns 10,043,013 shares of the company’s stock worth $463,887,000 after purchasing an additional 520,120 shares during the period.

iShares Core Total USD Bond Market ETF Stock Down 0.3%

Shares of IUSB stock opened at $44.33 on Tuesday. The business’s fifty day moving average is $44.84 and its 200 day moving average is $45.57. The stock has a market cap of $49.05 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a twelve month low of $43.75 and a twelve month high of $47.23.

iShares Core Total USD Bond Market ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.1544 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Thursday, October 1st.

iShares Core Total USD Bond Market ETF 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.