MCF Advisors LLC Invests $890,000 in iShares Core Total USD Bond Market ETF $IUSB

MCF Advisors LLC bought a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 19,115 shares of the company’s stock, valued at approximately $890,000.

Several other hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 8.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock worth $1,332,103,000 after acquiring an additional 2,324,731 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 4.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 19,693,393 shares of the company’s stock worth $919,878,000 after acquiring an additional 911,004 shares during the period. CWM LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 0.5% in the 4th quarter. CWM LLC now owns 17,194,171 shares of the company’s stock worth $800,217,000 after acquiring an additional 85,428 shares during the period. Mariner LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 11.5% in the third quarter. Mariner LLC now owns 14,004,882 shares of the company’s stock valued at $654,168,000 after purchasing an additional 1,449,320 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 3.0% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 12,467,587 shares of the company’s stock valued at $580,241,000 after purchasing an additional 363,749 shares during the period.

iShares Core Total USD Bond Market ETF Stock Down 0.4%

Shares of NASDAQ IUSB opened at $45.80 on Friday. iShares Core Total USD Bond Market ETF has a 52 week low of $45.33 and a 52 week high of $47.23. The firm has a 50-day moving average price of $46.12 and a 200 day moving average price of $46.47. The stock has a market capitalization of $36.24 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 business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.1511 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.