iShares Core Total USD Bond Market ETF $IUSB Stock: Kestra Advisory Services LLC Grows Stake

Kestra Advisory Services LLC boosted its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 77.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 2,423,130 shares of the company’s stock after acquiring an additional 1,060,177 shares during the period. Kestra Advisory Services LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $106,836,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Absolute Capital Management LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 32.6% during the third quarter. Absolute Capital Management LLC now owns 138,135 shares of the company’s stock valued at $6,090,000 after purchasing an additional 33,974 shares during the last quarter. Retirement Wealth Solutions LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 23.5% in the third quarter. Retirement Wealth Solutions LLC now owns 122,211 shares of the company’s stock worth $5,388,000 after purchasing an additional 23,263 shares during the last quarter. Kickstand Ventures LLC. boosted its holdings in iShares Core Total USD Bond Market ETF by 18.0% in the second quarter. Kickstand Ventures LLC. now owns 209,082 shares of the company’s stock worth $9,649,000 after purchasing an additional 31,857 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 34.0% in the second quarter. NewEdge Advisors LLC now owns 4,136,795 shares of the company’s stock worth $191,018,000 after purchasing an additional 1,049,332 shares during the last quarter. Finally, Balance Wealth Partners LLC grew its position in iShares Core Total USD Bond Market ETF by 12.4% in the 2nd quarter. Balance Wealth Partners LLC now owns 100,699 shares of the company’s stock worth $4,647,000 after purchasing an additional 11,145 shares during the period.

iShares Core Total USD Bond Market ETF Trading Up 0.2%

NASDAQ:IUSB opened at $44.97 on Friday. The company has a market cap of $50.37 billion, a PE ratio of 10.80 and a beta of 0.27. The company has a 50 day simple moving average of $44.65 and a two-hundred day simple moving average of $45.77. iShares Core Total USD Bond Market ETF has a 12 month low of $43.75 and a 12 month high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.