Kestra Private Wealth Services LLC Increases Stake in iShares Core Total USD Bond Market ETF $IUSB

Kestra Private Wealth Services LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 21.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 62,787 shares of the company’s stock after buying an additional 11,097 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,900,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IUSB. Howe & Rusling Inc. increased its position in shares of iShares Core Total USD Bond Market ETF by 2.6% during the fourth quarter. Howe & Rusling Inc. now owns 8,329 shares of the company’s stock worth $388,000 after acquiring an additional 215 shares during the period. Midwest Trust Co boosted its holdings in iShares Core Total USD Bond Market ETF by 2.9% in the fourth quarter. Midwest Trust Co now owns 8,432 shares of the company’s stock valued at $392,000 after purchasing an additional 236 shares during the period. HORAN Wealth LLC grew its stake in iShares Core Total USD Bond Market ETF by 5.2% during the 4th quarter. HORAN Wealth LLC now owns 5,882 shares of the company’s stock worth $274,000 after purchasing an additional 291 shares in the last quarter. FC Advisory LLC grew its stake in iShares Core Total USD Bond Market ETF by 0.5% during the 4th quarter. FC Advisory LLC now owns 64,545 shares of the company’s stock worth $3,004,000 after purchasing an additional 292 shares in the last quarter. Finally, Trilogy Capital Inc. increased its holdings in iShares Core Total USD Bond Market ETF by 4.7% during the 4th quarter. Trilogy Capital Inc. now owns 6,971 shares of the company’s stock worth $324,000 after purchasing an additional 311 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB opened at $46.30 on Friday. The company has a market cap of $36.64 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The stock’s 50-day moving average is $46.08 and its two-hundred day moving average is $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 business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.1511 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.