iShares Core Total USD Bond Market ETF $IUSB Stock: Parallel Advisors LLC Grows Holdings

Parallel Advisors LLC lifted its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 208.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 130,863 shares of the company’s stock after buying an additional 88,412 shares during the period. Parallel Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $5,770,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Absolute Capital Management LLC lifted its stake in iShares Core Total USD Bond Market ETF by 32.6% in the 3rd quarter. Absolute Capital Management LLC now owns 138,135 shares of the company’s stock valued at $6,090,000 after purchasing an additional 33,974 shares during the last quarter. Retirement Wealth Solutions LLC boosted its position in iShares Core Total USD Bond Market ETF by 23.5% in the third quarter. Retirement Wealth Solutions LLC now owns 122,211 shares of the company’s stock valued at $5,388,000 after buying an additional 23,263 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 34.0% during the second quarter. NewEdge Advisors LLC now owns 4,136,795 shares of the company’s stock worth $191,018,000 after buying an additional 1,049,332 shares during the last quarter. Kickstand Ventures LLC. grew its stake in shares of iShares Core Total USD Bond Market ETF by 18.0% during the second quarter. Kickstand Ventures LLC. now owns 209,082 shares of the company’s stock worth $9,649,000 after buying an additional 31,857 shares during the last quarter. Finally, Balance Wealth Partners LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 12.4% during the second quarter. Balance Wealth Partners LLC now owns 100,699 shares of the company’s stock worth $4,647,000 after buying an additional 11,145 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ:IUSB opened at $44.94 on Friday. The company has a fifty day moving average of $44.63 and a 200-day moving average of $45.76. The company has a market capitalization of $50.41 billion, a PE ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 52-week low of $43.75 and a 52-week high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a dividend of $0.1718 per share. The ex-dividend date was Monday, November 2nd. This represents a $2.06 dividend on an annualized basis and a yield of 4.6%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544.

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.