113,738 Shares in iShares Core Total USD Bond Market ETF $IUSB Purchased by Portfolio Resources Advisor Group Inc.

Portfolio Resources Advisor Group Inc. purchased a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSBFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 113,738 shares of the company’s stock, valued at approximately $5,293,000. iShares Core Total USD Bond Market ETF comprises about 5.3% of Portfolio Resources Advisor Group Inc.’s holdings, making the stock its 6th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Retirement Capital Strategies boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 7.8% in the 4th quarter. Retirement Capital Strategies now owns 201,662 shares of the company’s stock worth $9,385,000 after buying an additional 14,528 shares during the last quarter. MML Investors Services LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 6.7% during the fourth quarter. MML Investors Services LLC now owns 7,437,955 shares of the company’s stock valued at $346,162,000 after purchasing an additional 468,601 shares during the last quarter. Mariner LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 15.1% during the fourth quarter. Mariner LLC now owns 16,120,286 shares of the company’s stock valued at $750,239,000 after purchasing an additional 2,115,404 shares during the last quarter. Focus Partners Wealth lifted its holdings in iShares Core Total USD Bond Market ETF by 18.1% during the fourth quarter. Focus Partners Wealth now owns 1,607,867 shares of the company’s stock valued at $74,830,000 after purchasing an additional 246,252 shares during the last quarter. Finally, Destination Wealth Management lifted its holdings in iShares Core Total USD Bond Market ETF by 5.2% during the fourth quarter. Destination Wealth Management now owns 1,004,200 shares of the company’s stock valued at $46,735,000 after purchasing an additional 49,755 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ IUSB opened at $46.05 on Monday. The company has a market cap of $36.44 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 52 week low of $45.47 and a 52 week high of $47.23. The firm’s 50-day simple moving average is $46.11 and its two-hundred day simple moving average is $46.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.1511 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 3.9%.

iShares Core Total USD Bond Market ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

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