Dentgroup LLC Raises Holdings in iShares Core Total USD Bond Market ETF $IUSB

Dentgroup LLC lifted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 12.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,249 shares of the company’s stock after purchasing an additional 4,711 shares during the period. iShares Core Total USD Bond Market ETF comprises approximately 1.4% of Dentgroup LLC’s holdings, making the stock its 22nd biggest holding. Dentgroup LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,953,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Investors Research Corp increased its stake in shares of iShares Core Total USD Bond Market ETF by 212.9% during the 1st quarter. Investors Research Corp now owns 657 shares of the company’s stock worth $30,000 after purchasing an additional 447 shares in the last quarter. MassMutual Private Wealth & Trust FSB purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $38,000. CX Institutional purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $41,000. AlphaCore Capital LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $47,000. Finally, N.E.W. Advisory Services LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $50,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $46.82 on Friday. The firm has a 50 day simple moving average of $46.15 and a 200-day simple moving average of $45.87. iShares Core Total USD Bond Market ETF has a 1-year low of $44.67 and a 1-year high of $47.44. The stock has a market cap of $33.77 billion, a price-to-earnings ratio of 10.80 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, September 2nd were paid a $0.1636 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Tuesday, September 2nd.

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.