iShares Core Total USD Bond Market ETF $IUSB Stock Acquired by LifeSteps Financial Inc.

LifeSteps Financial Inc. grew its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 863.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 65,858 shares of the company’s stock after acquiring an additional 59,019 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 1.5% of LifeSteps Financial Inc.’s investment portfolio, making the stock its 21st biggest holding. LifeSteps Financial Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $2,904,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in IUSB. Envestnet Asset Management Inc. raised its stake in iShares Core Total USD Bond Market ETF by 35.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 180,016,371 shares of the company’s stock valued at $8,307,768,000 after acquiring an additional 46,935,169 shares during the period. Johnson Financial Group Inc. lifted its holdings in iShares Core Total USD Bond Market ETF by 7,027.0% during the first quarter. Johnson Financial Group Inc. now owns 5,053,447 shares of the company’s stock valued at $233,419,000 after purchasing an additional 4,982,541 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in iShares Core Total USD Bond Market ETF by 35.1% during 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. Northwestern Mutual Wealth Management Co. boosted its position in iShares Core Total USD Bond Market ETF by 10.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock worth $1,542,409,000 after purchasing an additional 3,083,604 shares during the period. Finally, Align Financial LLC bought a new position in iShares Core Total USD Bond Market ETF during the fourth quarter worth about $132,644,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB traded up $0.25 during trading hours on Thursday, hitting $44.49. The company’s stock had a trading volume of 2,312,806 shares, compared to its average volume of 5,145,052. The company has a market cap of $49.18 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. The business has a 50 day simple moving average of $44.91 and a two-hundred day simple moving average of $45.61. iShares Core Total USD Bond Market ETF has a 52-week low of $43.75 and a 52-week high of $47.23.

iShares Core Total USD Bond Market ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a dividend of $0.1544 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Thursday, October 1st.

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.