NewEdge Advisors LLC Acquires 252,999 Shares of iShares Core Total USD Bond Market ETF $IUSB

NewEdge Advisors LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 8.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,087,463 shares of the company’s stock after acquiring an additional 252,999 shares during the period. NewEdge Advisors LLC owned about 0.39% of iShares Core Total USD Bond Market ETF worth $142,610,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CIBC Private Wealth Group LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $27,000. Mcguire Capital Advisors Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter worth approximately $30,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter worth approximately $30,000. Hurley Capital LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $33,000. Finally, Advocate Investing Services LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $42,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ:IUSB opened at $45.57 on Thursday. The business’s fifty day moving average price is $45.86 and its two-hundred day moving average price is $46.21. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.32 and a fifty-two week high of $47.23. The stock has a market capitalization of $43.15 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd will be issued a $0.1686 dividend. The ex-dividend date of this dividend is Monday, August 3rd.

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.