Theory Financial LLC Has $3.60 Million Stock Position in iShares Core Total USD Bond Market ETF $IUSB

Theory Financial LLC cut its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 22.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,407 shares of the company’s stock after selling 21,776 shares during the quarter. iShares Core Total USD Bond Market ETF makes up 1.3% of Theory Financial LLC’s portfolio, making the stock its 28th largest position. Theory Financial LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $3,596,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 5.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,317,154 shares of the company’s stock worth $1,124,182,000 after buying an additional 1,330,484 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Core Total USD Bond Market ETF by 3.4% in the second quarter. JPMorgan Chase & Co. now owns 18,782,389 shares of the company’s stock worth $868,310,000 after purchasing an additional 618,328 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 0.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 10,935,323 shares of the company’s stock worth $505,179,000 after acquiring an additional 75,856 shares during the period. Bank of New York Mellon Corp increased its stake in shares of iShares Core Total USD Bond Market ETF by 0.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 9,064,233 shares of the company’s stock valued at $419,039,000 after purchasing an additional 63,877 shares during the last quarter. Finally, SigFig Wealth Management LLC raised its stake in iShares Core Total USD Bond Market ETF by 7.4% during the third quarter. SigFig Wealth Management LLC now owns 4,424,772 shares of the company’s stock worth $206,681,000 after acquiring an additional 303,906 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $46.63 on Friday. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.20. The stock has a fifty day moving average of $46.67 and a 200-day moving average of $46.51. The stock has a market capitalization of $34.77 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.1648 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Friday, December 19th.

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.