Portfolio Resources Advisor Group Inc. Buys 37,535 Shares of iShares Core Total USD Bond Market ETF $IUSB

Portfolio Resources Advisor Group Inc. raised its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 21.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 210,044 shares of the company’s stock after acquiring an additional 37,535 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for 7.7% of Portfolio Resources Advisor Group Inc.’s holdings, making the stock its 3rd largest position. Portfolio Resources Advisor Group Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $9,261,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Envestnet Asset Management Inc. raised its position in shares of iShares Core Total USD Bond Market ETF by 35.3% during the second quarter. Envestnet Asset Management Inc. now owns 180,016,371 shares of the company’s stock valued at $8,307,768,000 after buying an additional 46,935,169 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 10.2% in 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 buying an additional 3,083,604 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in 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 buying an additional 4,399,948 shares in the last quarter. Bank of New York Mellon Corp grew its position in iShares Core Total USD Bond Market ETF by 13.8% during 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 buying an additional 1,333,886 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in iShares Core Total USD Bond Market ETF by 5.5% during the first quarter. Cetera Investment Advisers now owns 10,043,013 shares of the company’s stock worth $463,887,000 after buying an additional 520,120 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.2%

Shares of IUSB opened at $44.42 on Wednesday. iShares Core Total USD Bond Market ETF has a 12-month low of $43.75 and a 12-month high of $47.23. The firm has a market capitalization of $49.21 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. The stock’s 50-day moving average price is $44.82 and its 200 day moving average price is $45.56.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a $0.1544 dividend. The ex-dividend date was Thursday, October 1st. This represents a $1.85 dividend on an annualized basis and a dividend yield of 4.2%.

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.