iShares Core Total USD Bond Market ETF $IUSB Shares Bought by Skyline Advisors Inc.

Skyline Advisors Inc. increased its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 5.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 499,698 shares of the company’s stock after buying an additional 25,146 shares during the period. iShares Core Total USD Bond Market ETF accounts for approximately 7.8% of Skyline Advisors Inc.’s portfolio, making the stock its 3rd largest position. Skyline Advisors Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $23,256,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. AQR Capital Management LLC raised its stake in iShares Core Total USD Bond Market ETF by 9.9% during the first quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock worth $2,776,000 after purchasing an additional 5,416 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of iShares Core Total USD Bond Market ETF by 40.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock valued at $8,817,000 after buying an additional 55,360 shares during the period. Financial Advocates Investment Management increased its holdings in shares of iShares Core Total USD Bond Market ETF by 203.9% during the 2nd quarter. Financial Advocates Investment Management now owns 127,816 shares of the company’s stock worth $5,909,000 after buying an additional 85,759 shares during the last quarter. Richmond Investment Services LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth $1,502,000. Finally, J.W. Cole Advisors Inc. raised its position in shares of iShares Core Total USD Bond Market ETF by 11.9% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 28,753 shares of the company’s stock worth $1,329,000 after buying an additional 3,052 shares during the period.

iShares Core Total USD Bond Market ETF Trading Down 0.3%

IUSB stock opened at $45.97 on Wednesday. The stock has a 50-day moving average price of $46.66 and a two-hundred day moving average price of $46.71. iShares Core Total USD Bond Market ETF has a 12-month low of $44.74 and a 12-month high of $47.23. The company has a market cap of $34.57 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1573 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.