25,421 iShares Core Total USD Bond Market ETF $IUSB Shares Bought by Pinion Investment Advisors LLC

Pinion Investment Advisors LLC lifted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 13.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 216,732 shares of the company’s stock after acquiring an additional 25,421 shares during the period. iShares Core Total USD Bond Market ETF accounts for 1.7% of Pinion Investment Advisors LLC’s portfolio, making the stock its 13th biggest holding. Pinion Investment Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $9,556,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of IUSB. Envestnet Asset Management Inc. raised its holdings 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 valued at $8,307,768,000 after buying an additional 46,935,169 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of 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 buying an additional 3,083,604 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of 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 worth $781,656,000 after buying an additional 4,399,948 shares during the period. Park Avenue Securities LLC grew its holdings in iShares Core Total USD Bond Market ETF by 21.6% in the 3rd quarter. Park Avenue Securities LLC now owns 15,696,885 shares of the company’s stock worth $692,076,000 after buying an additional 2,783,245 shares in the last quarter. Finally, Bank of New York Mellon Corp grew 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 worth $506,897,000 after buying an additional 1,333,886 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $44.97 on Tuesday. iShares Core Total USD Bond Market ETF has a 12 month low of $43.75 and a 12 month high of $47.23. The stock has a market cap of $50.45 billion, a P/E ratio of 10.80 and a beta of 0.27. The stock’s 50 day moving average price is $44.62 and its 200 day moving average price is $45.75.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.