iShares Core Total USD Bond Market ETF $IUSB Position Lifted by Lifelong Wealth Advisors Inc.

Lifelong Wealth Advisors Inc. lifted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 11.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 150,425 shares of the company’s stock after purchasing an additional 15,128 shares during the period. iShares Core Total USD Bond Market ETF comprises approximately 1.5% of Lifelong Wealth Advisors Inc.’s portfolio, making the stock its 14th largest holding. Lifelong Wealth Advisors Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $6,632,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IUSB. Envestnet Asset Management Inc. grew its position in 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 acquiring an additional 46,935,169 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in 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 purchasing an additional 3,083,604 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in 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 purchasing an additional 4,399,948 shares during the last quarter. Bank of New York Mellon Corp raised its position in iShares Core Total USD Bond Market ETF by 13.8% in the first quarter. Bank of New York Mellon Corp now owns 10,974,170 shares of the company’s stock valued at $506,897,000 after purchasing an additional 1,333,886 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of iShares Core Total USD Bond Market ETF by 5.5% during the first quarter. Cetera Investment Advisers now owns 10,043,013 shares of the company’s stock valued at $463,887,000 after purchasing an additional 520,120 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.3%

Shares of IUSB stock traded down $0.14 during mid-day trading on Monday, reaching $44.33. 6,179,532 shares of the stock traded hands, compared to its average volume of 5,189,364. The company has a market cap of $49.05 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. The stock’s fifty day simple moving average is $44.87 and its two-hundred day simple moving average is $45.59. 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 disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.1544 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.85 annualized dividend and a dividend yield of 4.2%.

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.