iShares Core Total USD Bond Market ETF $IUSB Shares Acquired by Forte Asset Management LLC

Forte Asset Management LLC increased its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 79.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 105,921 shares of the company’s stock after buying an additional 47,024 shares during the quarter. iShares Core Total USD Bond Market ETF makes up 2.4% of Forte Asset Management LLC’s portfolio, making the stock its 16th largest position. Forte Asset Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $4,948,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Team Financial Group LLC increased its position in iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after buying an additional 218 shares in the last quarter. Anchor Investment Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter valued at $51,000. Atlantic Union Bankshares Corp purchased a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter worth about $52,000. Key Financial Inc raised its stake in 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 purchasing an additional 275 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $56,000.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock opened at $46.67 on Friday. The firm’s 50-day moving average is $46.66 and its two-hundred day moving average is $46.53. The stock has a market capitalization of $34.80 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 12-month low of $44.74 and a 12-month high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.1648 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a yield of 4.2%.

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.