iShares Core Total USD Bond Market ETF $IUSB Shares Newly Purchased by Newport Capital Group LLC

Newport Capital Group LLC acquired a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the third quarter, Holdings Channel reports. The fund acquired 251,806 shares of the company’s stock, valued at approximately $11,354,000. iShares Core Total USD Bond Market ETF accounts for 7.6% of Newport Capital Group LLC’s investment portfolio, making the stock its 3rd biggest position.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. GK Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter worth approximately $26,000. JNBA Financial Advisors acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the second quarter valued at approximately $32,000. Advocate Investing Services LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the first quarter valued at approximately $42,000. Financial Freedom LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the first quarter valued at approximately $45,000. Finally, Oakworth Capital Inc. bought a new stake in shares of iShares Core Total USD Bond Market ETF in the second quarter valued at approximately $54,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB stock remained flat at $44.47 during trading on Friday. The company had a trading volume of 9,841,709 shares, compared to its average volume of 5,184,388. The company has a market cap of $49.16 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a fifty-two week low of $43.75 and a fifty-two week high of $47.23. The stock’s 50 day simple moving average is $44.87 and its 200-day simple moving average is $45.59.

iShares Core Total USD Bond Market ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.1544 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.85 annualized dividend and a yield of 4.2%.

iShares Core Total USD Bond Market ETF 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.