Client 1ST Advisory Group LLC Makes New $7.85 Million Investment in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Client 1ST Advisory Group LLC acquired a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 173,552 shares of the company’s stock, valued at approximately $7,845,000. iShares Core Total USD Bond Market ETF makes up about 3.0% of Client 1ST Advisory Group LLC’s portfolio, making the stock its 7th largest position.

A number of other hedge funds have also made changes to their positions in IUSB. LPL Financial LLC boosted its stake in iShares Core Total USD Bond Market ETF by 20.3% during the 3rd quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock valued at $1,853,263,000 after purchasing an additional 6,632,679 shares in the last quarter. CWM LLC boosted its stake in iShares Core Total USD Bond Market ETF by 19.5% during the third quarter. CWM LLC now owns 21,325,421 shares of the company’s stock valued at $1,004,854,000 after buying an additional 3,483,112 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Core Total USD Bond Market ETF by 14.7% during the third quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock worth $976,181,000 after acquiring an additional 2,651,218 shares during the period. Park Avenue Securities LLC raised its position in iShares Core Total USD Bond Market ETF by 17.8% in the third quarter. Park Avenue Securities LLC now owns 12,498,157 shares of the company’s stock worth $588,913,000 after acquiring an additional 1,890,434 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 18.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 9,687,022 shares of the company’s stock valued at $456,453,000 after acquiring an additional 1,484,171 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.0 %

Shares of IUSB opened at $45.20 on Monday. The firm’s 50 day moving average is $45.50 and its 200-day moving average is $46.06. iShares Core Total USD Bond Market ETF has a 12-month low of $44.21 and a 12-month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.1605 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.93 annualized dividend and a yield of 4.26%.

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.