iShares Core Total USD Bond Market ETF $IUSB Shares Bought by Gen Wealth Partners Inc

Gen Wealth Partners Inc raised its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 27.1% during the third quarter, Holdings Channel.com reports. The firm owned 108,321 shares of the company’s stock after purchasing an additional 23,100 shares during the quarter. iShares Core Total USD Bond Market ETF makes up 1.3% of Gen Wealth Partners Inc’s investment portfolio, making the stock its 12th largest position. Gen Wealth Partners Inc’s holdings in iShares Core Total USD Bond Market ETF were worth $4,776,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its stake in shares of iShares Core Total USD Bond Market ETF by 35.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 180,016,371 shares of the company’s stock worth $8,307,768,000 after buying an additional 46,935,169 shares in the last quarter. Johnson Financial Group Inc. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 7,027.0% in the first quarter. Johnson Financial Group Inc. now owns 5,053,447 shares of the company’s stock valued at $233,419,000 after buying an additional 4,982,541 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 35.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock valued at $781,656,000 after buying an additional 4,399,948 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 10.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock valued at $1,542,409,000 after buying an additional 3,083,604 shares in the last quarter. Finally, Park Avenue Securities LLC grew its holdings in iShares Core Total USD Bond Market ETF by 21.6% during the third quarter. Park Avenue Securities LLC now owns 15,696,885 shares of the company’s stock worth $692,076,000 after acquiring an additional 2,783,245 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB stock opened at $44.97 on Tuesday. The business’s fifty day moving average price is $44.62 and its 200 day moving average price is $45.75. The firm has a market capitalization of $50.45 billion, a PE 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 Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were given a dividend of $0.1718 per share. This represents a $2.06 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Monday, November 2nd. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544.

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.