iShares Core Total USD Bond Market ETF $IUSB Shares Bought by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC grew its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3,366.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 180,598 shares of the company’s stock after buying an additional 175,388 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for 1.0% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 17th largest holding. Cornerstone Planning Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $8,465,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Team Financial Group LLC raised its holdings in iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after purchasing an additional 218 shares in the last quarter. Richardson Capital Management LLC acquired a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $43,000. Anchor Investment Management LLC acquired a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $51,000. Atlantic Union Bankshares Corp purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $52,000. Finally, Compass Financial Services Inc acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at approximately $52,000.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock opened at $46.46 on Tuesday. The stock’s 50 day moving average price is $46.65 and its 200 day moving average price is $46.58. iShares Core Total USD Bond Market ETF has a 1-year low of $44.74 and a 1-year high of $47.20. The company has a market cap of $34.94 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.165 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.