iShares Core Total USD Bond Market ETF $IUSB Stake Boosted by Global Strategic Investment Solutions LLC

Global Strategic Investment Solutions LLC increased its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.3% in the first quarter, Holdings Channel reports. The fund owned 1,266,562 shares of the company’s stock after purchasing an additional 40,138 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 5.7% of Global Strategic Investment Solutions LLC’s portfolio, making the stock its 4th largest position. Global Strategic Investment Solutions LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $58,502,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IUSB. Wells Fargo & Company MN raised its holdings in shares of iShares Core Total USD Bond Market ETF by 2.9% in the 4th quarter. Wells Fargo & Company MN now owns 47,946,578 shares of the company’s stock valued at $2,231,434,000 after purchasing an additional 1,331,490 shares in the last quarter. LPL Financial LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 2.2% during the fourth quarter. LPL Financial LLC now owns 45,507,455 shares of the company’s stock valued at $2,117,917,000 after purchasing an additional 966,130 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 8.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock valued at $1,332,103,000 after purchasing an additional 2,324,731 shares in the last quarter. Morgan Stanley increased its holdings in iShares Core Total USD Bond Market ETF by 8.5% during the fourth quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock valued at $1,149,554,000 after buying an additional 1,931,838 shares during the period. Finally, CWM LLC increased its holdings in iShares Core Total USD Bond Market ETF by 0.5% during the fourth quarter. CWM LLC now owns 17,194,171 shares of the company’s stock valued at $800,217,000 after buying an additional 85,428 shares during the period.

iShares Core Total USD Bond Market ETF Stock Down 0.2%

Shares of NASDAQ:IUSB opened at $45.91 on Tuesday. The firm has a 50 day moving average of $46.03 and a 200 day moving average of $46.37. The company has a market capitalization of $42.64 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 52 week low of $45.47 and a 52 week high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be given a $0.164 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

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.