iShares Core Total USD Bond Market ETF $IUSB Shares Acquired by Johnson Financial Group Inc.

Johnson Financial Group Inc. lifted its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7,027.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,053,447 shares of the company’s stock after buying an additional 4,982,541 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 8.5% of Johnson Financial Group Inc.’s investment portfolio, making the stock its 2nd largest holding. Johnson Financial Group Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $233,419,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Royal Fund Management LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 186.5% in the fourth quarter. Royal Fund Management LLC now owns 162,128 shares of the company’s stock valued at $7,546,000 after purchasing an additional 105,546 shares in the last quarter. Prime Capital Investment Advisors LLC boosted its stake in iShares Core Total USD Bond Market ETF by 633.5% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 33,227 shares of the company’s stock worth $1,546,000 after buying an additional 28,697 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in iShares Core Total USD Bond Market ETF by 107.0% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 40,417 shares of the company’s stock valued at $1,881,000 after buying an additional 20,889 shares during the period. Shira Ridge Wealth Management increased its holdings in iShares Core Total USD Bond Market ETF by 15.1% in the 4th quarter. Shira Ridge Wealth Management now owns 98,238 shares of the company’s stock valued at $4,572,000 after buying an additional 12,893 shares during the period. Finally, Jacobson & Schmitt Advisors LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 2.0% in the 4th quarter. Jacobson & Schmitt Advisors LLC now owns 779,202 shares of the company’s stock valued at $36,264,000 after buying an additional 15,358 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ:IUSB opened at $45.68 on Tuesday. The company has a 50-day moving average of $45.94 and a 200-day moving average of $46.31. The company has a market capitalization of $42.77 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 52 week low of $45.47 and a 52 week high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.164 dividend. This represents a c) annualized dividend and a yield of 4.3%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Wednesday, July 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.