Newport Capital Group LLC Acquires New Holdings in iShares Core Total USD Bond Market ETF $IUSB

Newport Capital Group LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 251,806 shares of the company’s stock, valued at approximately $11,354,000. iShares Core Total USD Bond Market ETF accounts for approximately 7.6% of Newport Capital Group LLC’s portfolio, making the stock its 3rd largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Beacon Financial Group grew its position in shares of iShares Core Total USD Bond Market ETF by 3.9% in the first quarter. Beacon Financial Group now owns 5,993 shares of the company’s stock valued at $277,000 after purchasing an additional 226 shares during the last quarter. Davidson Investment Advisors lifted its holdings in iShares Core Total USD Bond Market ETF by 1.9% during the 2nd quarter. Davidson Investment Advisors now owns 12,237 shares of the company’s stock worth $565,000 after purchasing an additional 234 shares during the last quarter. Acorn Financial Advisory Services Inc. ADV lifted its holdings in iShares Core Total USD Bond Market ETF by 5.9% during the 2nd quarter. Acorn Financial Advisory Services Inc. ADV now owns 5,158 shares of the company’s stock worth $238,000 after purchasing an additional 289 shares during the last quarter. Pinnacle Bancorp Inc. boosted its stake in iShares Core Total USD Bond Market ETF by 5.7% in the 1st quarter. Pinnacle Bancorp Inc. now owns 5,923 shares of the company’s stock valued at $274,000 after purchasing an additional 319 shares during the period. Finally, Anchor Investment Management LLC boosted its stake in iShares Core Total USD Bond Market ETF by 30.5% in the 4th quarter. Anchor Investment Management LLC now owns 1,451 shares of the company’s stock valued at $68,000 after purchasing an additional 339 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ IUSB remained flat at $44.47 on Friday. The company’s stock had a trading volume of 9,841,709 shares, compared to its average volume of 5,184,388. The stock’s fifty day moving average is $44.87 and its two-hundred day moving average is $45.59. iShares Core Total USD Bond Market ETF has a 52-week low of $43.75 and a 52-week high of $47.23. The stock has a market capitalization of $49.16 billion, a P/E ratio of 10.80 and a beta of 0.27.

iShares Core Total USD Bond Market ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.1544 dividend. This represents a $1.85 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Thursday, October 1st.

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.