Janney Montgomery Scott LLC Buys 618,614 Shares of iShares Core Total USD Bond Market ETF $IUSB

Janney Montgomery Scott LLC grew its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 8.7% during the 1st quarter, Holdings Channel.com reports. The firm owned 7,713,487 shares of the company’s stock after buying an additional 618,614 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 0.9% of Janney Montgomery Scott LLC’s portfolio, making the stock its 13th biggest position. Janney Montgomery Scott LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $356,286,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Howe & Rusling Inc. increased its position in iShares Core Total USD Bond Market ETF by 2.6% in the 4th quarter. Howe & Rusling Inc. now owns 8,329 shares of the company’s stock valued at $388,000 after buying an additional 215 shares in the last quarter. Midwest Trust Co boosted its holdings in iShares Core Total USD Bond Market ETF by 2.9% in the fourth quarter. Midwest Trust Co now owns 8,432 shares of the company’s stock worth $392,000 after acquiring an additional 236 shares in the last quarter. HORAN Wealth LLC grew its stake in iShares Core Total USD Bond Market ETF by 5.2% in the fourth quarter. HORAN Wealth LLC now owns 5,882 shares of the company’s stock valued at $274,000 after acquiring an additional 291 shares during the period. FC Advisory LLC grew its stake in iShares Core Total USD Bond Market ETF by 0.5% in the fourth quarter. FC Advisory LLC now owns 64,545 shares of the company’s stock valued at $3,004,000 after acquiring an additional 292 shares during the period. Finally, Trilogy Capital Inc. increased its holdings in shares of iShares Core Total USD Bond Market ETF by 4.7% during the fourth quarter. Trilogy Capital Inc. now owns 6,971 shares of the company’s stock valued at $324,000 after acquiring an additional 311 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.1%

NASDAQ IUSB opened at $46.30 on Friday. iShares Core Total USD Bond Market ETF has a 52 week low of $45.47 and a 52 week high of $47.23. The business has a 50 day moving average price of $46.08 and a 200-day moving average price of $46.39. The company has a market cap of $36.64 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.1511 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Monday, June 1st.

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.