Richmond Investment Services LLC Purchases 11,928 Shares of iShares Core Total USD Bond Market ETF $IUSB

Richmond Investment Services LLC grew its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 28.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,570 shares of the company’s stock after buying an additional 11,928 shares during the quarter. Richmond Investment Services LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,521,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wells Fargo & Company MN lifted its holdings in iShares Core Total USD Bond Market ETF by 2.9% during the fourth quarter. Wells Fargo & Company MN now owns 47,946,578 shares of the company’s stock worth $2,231,434,000 after acquiring an additional 1,331,490 shares during the period. LPL Financial LLC grew its stake in iShares Core Total USD Bond Market ETF by 2.2% in the 4th quarter. LPL Financial LLC now owns 45,507,455 shares of the company’s stock valued at $2,117,917,000 after purchasing an additional 966,130 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core Total USD Bond Market ETF by 8.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock valued at $1,332,103,000 after purchasing an additional 2,324,731 shares during the last quarter. Morgan Stanley increased its position in shares of iShares Core Total USD Bond Market ETF by 8.5% during the 4th quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock valued at $1,149,554,000 after purchasing an additional 1,931,838 shares during the last quarter. Finally, CWM LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 0.5% during the 4th quarter. CWM LLC now owns 17,194,171 shares of the company’s stock worth $800,217,000 after purchasing an additional 85,428 shares during the period.

iShares Core Total USD Bond Market ETF Stock Down 0.4%

IUSB opened at $45.80 on Wednesday. iShares Core Total USD Bond Market ETF has a twelve month low of $45.47 and a twelve month high of $47.23. The company’s 50-day moving average price is $46.02 and its two-hundred day moving average price is $46.36. The stock has a market cap of $42.53 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 firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.164 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Wednesday, July 1st.

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.