iShares Core Total USD Bond Market ETF $IUSB Stock: Focus Financial Network Inc. Raises Holdings

Focus Financial Network Inc. grew its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 354,210 shares of the company’s stock after purchasing an additional 69,608 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $15,617,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. GK Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $26,000. JNBA Financial Advisors bought a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter worth about $32,000. Hurley Capital LLC bought a new position in iShares Core Total USD Bond Market ETF in the 4th quarter worth about $33,000. Advocate Investing Services LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the first quarter valued at approximately $42,000. Finally, Financial Freedom LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the first quarter valued at approximately $45,000.

iShares Core Total USD Bond Market ETF Trading Up 0.1%

Shares of NASDAQ:IUSB opened at $44.19 on Wednesday. The firm’s 50 day moving average is $44.93 and its two-hundred day moving average is $45.62. The firm has a market capitalization of $48.50 billion, a P/E ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 52 week low of $43.75 and a 52 week high of $47.23.

iShares Core Total USD Bond Market ETF Dividend Announcement

The firm 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. This represents a $1.85 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Thursday, October 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.