Cornerstone Advisors Asset Management LLC Purchases 38,975 Shares of iShares Core Total USD Bond Market ETF $IUSB

Cornerstone Advisors Asset Management LLC boosted its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 178.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,815 shares of the company’s stock after buying an additional 38,975 shares during the quarter. Cornerstone Advisors Asset Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,841,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Team Financial Group LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 54.4% during the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after purchasing an additional 218 shares during the last quarter. Morris Financial Concepts Inc. grew its stake in shares of iShares Core Total USD Bond Market ETF by 1.2% during the second quarter. Morris Financial Concepts Inc. now owns 20,711 shares of the company’s stock valued at $957,000 after buying an additional 239 shares during the last quarter. Leavell Investment Management Inc. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 0.6% in the 3rd quarter. Leavell Investment Management Inc. now owns 40,535 shares of the company’s stock valued at $1,893,000 after acquiring an additional 240 shares during the last quarter. Key Financial Inc lifted its stake in shares of iShares Core Total USD Bond Market ETF by 30.2% in the 2nd quarter. Key Financial Inc now owns 1,185 shares of the company’s stock valued at $55,000 after acquiring an additional 275 shares during the last quarter. Finally, Meridian Wealth Management LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 3.3% during the 3rd quarter. Meridian Wealth Management LLC now owns 8,582 shares of the company’s stock valued at $401,000 after acquiring an additional 276 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $46.46 on Tuesday. iShares Core Total USD Bond Market ETF has a one year low of $44.74 and a one year high of $47.20. The business’s 50 day simple moving average is $46.65 and its two-hundred day simple moving average is $46.58. The stock has a market capitalization of $34.94 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd will be issued a $0.165 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.