iShares Core Total USD Bond Market ETF $IUSB Stock: Claro Advisors Inc. Increases Position

Claro Advisors Inc. raised its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 22.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 478,913 shares of the company’s stock after acquiring an additional 86,774 shares during the period. iShares Core Total USD Bond Market ETF makes up 2.0% of Claro Advisors Inc.’s investment portfolio, making the stock its 9th largest holding. Claro Advisors Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $21,115,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in IUSB. Envestnet Asset Management Inc. increased its stake in shares of iShares Core Total USD Bond Market ETF by 35.3% during the second 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 period. Northwestern Mutual Wealth Management Co. lifted 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 period. Envestnet Portfolio Solutions Inc. lifted 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 period. Park Avenue Securities LLC lifted its position in iShares Core Total USD Bond Market ETF by 21.6% in the third quarter. Park Avenue Securities LLC now owns 15,696,885 shares of the company’s stock valued at $692,076,000 after purchasing an additional 2,783,245 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in iShares Core Total USD Bond Market ETF by 13.8% in the 1st 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 in the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.2%

Shares of IUSB opened at $44.97 on Friday. The stock’s 50 day moving average is $44.65 and its two-hundred day moving average is $45.77. iShares Core Total USD Bond Market ETF has a twelve month low of $43.75 and a twelve month high of $47.23. The firm has a market capitalization of $50.37 billion, a PE ratio of 10.80 and a beta of 0.27.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a $0.1718 dividend. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $2.06 annualized dividend and a dividend yield of 4.6%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544.

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.