Janney Montgomery Scott LLC Purchases 618,614 Shares of iShares Core Total USD Bond Market ETF $IUSB

Janney Montgomery Scott LLC raised its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 8.7% during the first quarter, according to its most recent filing with the SEC. The firm owned 7,713,487 shares of the company’s stock after purchasing an additional 618,614 shares during the period. iShares Core Total USD Bond Market ETF accounts for approximately 0.9% of Janney Montgomery Scott LLC’s portfolio, making the stock its 13th largest position. Janney Montgomery Scott LLC owned 0.98% of iShares Core Total USD Bond Market ETF worth $356,286,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IUSB. Align Financial LLC bought a new position in iShares Core Total USD Bond Market ETF during the fourth quarter worth $132,644,000. Northwestern Mutual Wealth Management Co. boosted its position in 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 acquiring an additional 2,324,731 shares during the last quarter. Symmetry Partners LLC bought a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter valued at $104,011,000. Mariner LLC grew its holdings in iShares Core Total USD Bond Market ETF by 15.1% during the 4th quarter. Mariner LLC now owns 16,120,286 shares of the company’s stock worth $750,239,000 after acquiring an additional 2,115,404 shares during the period. Finally, Morgan Stanley grew its holdings in iShares Core Total USD Bond Market ETF by 8.5% during the 4th quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock worth $1,149,554,000 after acquiring an additional 1,931,838 shares during the period.

iShares Core Total USD Bond Market ETF Trading Up 0.1%

IUSB stock opened at $46.30 on Friday. The firm has a market cap of $36.64 billion, a PE ratio of 10.80 and a beta of 0.26. The stock has a 50-day moving average price of $46.08 and a 200-day moving average price of $46.39. iShares Core Total USD Bond Market ETF has a 1-year low of $45.47 and a 1-year high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.1511 dividend. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date 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.