First Command Advisory Services Inc. Grows Stake in iShares Core Total USD Bond Market ETF $IUSB

First Command Advisory Services Inc. raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 21.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,694,661 shares of the company’s stock after acquiring an additional 483,836 shares during the period. iShares Core Total USD Bond Market ETF makes up 0.9% of First Command Advisory Services Inc.’s portfolio, making the stock its 13th biggest position. First Command Advisory Services Inc. owned approximately 0.36% of iShares Core Total USD Bond Market ETF worth $125,410,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of IUSB. CIBC Private Wealth Group LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter worth $27,000. Decker Retirement Planning Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at $30,000. Chapman Financial Group LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at $31,000. Collier Financial bought a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at $32,000. Finally, United Financial Planning Group LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at $50,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ:IUSB opened at $45.80 on Friday. The company has a market cap of $36.24 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1 year low of $45.33 and a 1 year high of $47.23. The stock’s fifty day moving average price is $46.12 and its 200-day moving average price is $46.47.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.1511 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, June 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.