iShares Core Total USD Bond Market ETF $IUSB Stake Raised by Saxony Capital Management LLC

Saxony Capital Management LLC increased its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 119,177 shares of the company’s stock after buying an additional 23,330 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for 2.1% of Saxony Capital Management LLC’s portfolio, making the stock its 11th biggest holding. Saxony Capital Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $5,255,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in 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 acquiring an additional 46,935,169 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Core Total USD Bond Market ETF by 10.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock worth $1,542,409,000 after acquiring an additional 3,083,604 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares Core Total USD Bond Market ETF by 35.1% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock worth $781,656,000 after acquiring an additional 4,399,948 shares during the period. Bank of New York Mellon Corp lifted its position in shares of 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 acquiring an additional 1,333,886 shares during the period. Finally, Cetera Investment Advisers grew its holdings in shares of iShares Core Total USD Bond Market ETF by 5.5% during the 1st quarter. Cetera Investment Advisers now owns 10,043,013 shares of the company’s stock worth $463,887,000 after purchasing an additional 520,120 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.5%

Shares of NASDAQ:IUSB opened at $44.47 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $43.75 and a 1-year high of $47.23. The firm has a market capitalization of $49.16 billion, a PE ratio of 10.80 and a beta of 0.27. The business’s 50 day moving average is $44.89 and its 200-day moving average is $45.60.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.1544 dividend. This represents a $1.85 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Thursday, October 1st.

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.