iShares Core Total USD Bond Market ETF $IUSB Stock: Park Avenue Securities LLC Increases Stake

Park Avenue Securities LLC increased its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 21.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,696,885 shares of the company’s stock after buying an additional 2,783,245 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for 4.2% of Park Avenue Securities LLC’s investment portfolio, making the stock its 2nd largest holding. Park Avenue Securities LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $692,076,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Beacon Financial Group lifted its stake in iShares Core Total USD Bond Market ETF by 3.9% during the 1st quarter. Beacon Financial Group now owns 5,993 shares of the company’s stock valued at $277,000 after acquiring an additional 226 shares in the last quarter. Davidson Investment Advisors boosted its holdings in iShares Core Total USD Bond Market ETF by 1.9% during the 2nd quarter. Davidson Investment Advisors now owns 12,237 shares of the company’s stock worth $565,000 after acquiring an additional 234 shares during the last quarter. Acorn Financial Advisory Services Inc. ADV boosted its holdings in iShares Core Total USD Bond Market ETF by 5.9% during the 2nd quarter. Acorn Financial Advisory Services Inc. ADV now owns 5,158 shares of the company’s stock worth $238,000 after acquiring an additional 289 shares during the last quarter. Pinnacle Bancorp Inc. boosted its holdings in iShares Core Total USD Bond Market ETF by 5.7% during the 1st quarter. Pinnacle Bancorp Inc. now owns 5,923 shares of the company’s stock worth $274,000 after acquiring an additional 319 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 1.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 25,825 shares of the company’s stock worth $1,193,000 after acquiring an additional 351 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ IUSB opened at $44.77 on Tuesday. The company has a fifty day moving average price of $44.78 and a 200-day moving average price of $45.85. The firm has a market cap of $49.71 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 1 year low of $43.75 and a 1 year high of $47.23.

iShares Core Total USD Bond Market ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.1544 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Thursday, October 1st.

iShares Core Total USD Bond Market ETF Company 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.