iShares Core Total USD Bond Market ETF $IUSB Stock Purchased by Pinion Investment Advisors LLC

Pinion Investment Advisors LLC grew its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 13.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 216,732 shares of the company’s stock after buying an additional 25,421 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 1.7% of Pinion Investment Advisors LLC’s holdings, making the stock its 13th biggest position. Pinion Investment Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $9,556,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in IUSB. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 35.3% in 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 in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core Total USD Bond Market ETF by 10.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock valued at $1,542,409,000 after acquiring an additional 3,083,604 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 35.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock worth $781,656,000 after purchasing an additional 4,399,948 shares in the last quarter. Park Avenue Securities LLC raised its holdings in iShares Core Total USD Bond Market ETF by 21.6% during the third quarter. Park Avenue Securities LLC now owns 15,696,885 shares of the company’s stock worth $692,076,000 after purchasing an additional 2,783,245 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in iShares Core Total USD Bond Market ETF by 13.8% during the first quarter. Bank of New York Mellon Corp now owns 10,974,170 shares of the company’s stock worth $506,897,000 after purchasing an additional 1,333,886 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $44.97 on Tuesday. The company has a market capitalization of $50.45 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 1-year low of $43.75 and a 1-year high of $47.23. The business has a 50 day moving average price of $44.62 and a two-hundred day moving average price of $45.75.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.1718 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544. The ex-dividend date was Monday, November 2nd. This represents a $2.06 annualized dividend and a dividend yield of 4.6%.

iShares Core Total USD Bond Market ETF 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.