Worth Asset Management LLC Makes New Investment in iShares Core Total USD Bond Market ETF $IUSB

Worth Asset Management LLC purchased a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 3rd quarter, HoldingsChannel reports. The fund purchased 355,511 shares of the company’s stock, valued at approximately $15,674,000. iShares Core Total USD Bond Market ETF accounts for about 4.6% of Worth Asset Management LLC’s holdings, making the stock its 2nd biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in IUSB. Envestnet Asset Management Inc. boosted its stake in iShares Core Total USD Bond Market ETF by 35.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 180,016,371 shares of the company’s stock valued at $8,307,768,000 after purchasing an additional 46,935,169 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of iShares Core Total USD Bond Market ETF by 2.9% during the fourth quarter. Wells Fargo & Company MN now owns 47,946,578 shares of the company’s stock valued at $2,231,434,000 after buying an additional 1,331,490 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in 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 buying an additional 3,083,604 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in 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 buying an additional 4,399,948 shares in the last quarter. Finally, Mariner LLC raised its position in iShares Core Total USD Bond Market ETF by 15.1% in the 4th quarter. Mariner LLC now owns 16,120,286 shares of the company’s stock worth $750,239,000 after buying an additional 2,115,404 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB traded down $0.08 during mid-day trading on Wednesday, hitting $43.95. 4,390,775 shares of the company traded hands, compared to its average volume of 5,131,053. The stock has a market cap of $48.04 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. The stock has a 50-day moving average price of $45.07 and a two-hundred day moving average price of $45.69. iShares Core Total USD Bond Market ETF has a 1 year low of $43.75 and a 1 year high of $47.23.

iShares Core Total USD Bond Market ETF Dividend Announcement

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

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.