MGO One Seven LLC Increases Stock Position in iShares Core Total USD Bond Market ETF $IUSB

MGO One Seven LLC increased its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 888.8% in the second quarter, Holdings Channel.com reports. The fund owned 155,410 shares of the company’s stock after purchasing an additional 139,693 shares during the period. MGO One Seven LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $7,185,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IUSB. LPL Financial LLC raised its holdings in iShares Core Total USD Bond Market ETF by 7.6% in the 1st quarter. LPL Financial LLC now owns 48,049,515 shares of the company’s stock worth $2,214,122,000 after acquiring an additional 3,402,819 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in iShares Core Total USD Bond Market ETF by 3.1% in the 1st quarter. Jones Financial Companies Lllp now owns 62,382,141 shares of the company’s stock worth $2,868,351,000 after acquiring an additional 1,856,559 shares during the last quarter. Baker Avenue Asset Management LP purchased a new position in iShares Core Total USD Bond Market ETF in the 1st quarter worth approximately $56,347,000. Sofi Wealth LLC raised its holdings in iShares Core Total USD Bond Market ETF by 4,501.0% in the 1st quarter. Sofi Wealth LLC now owns 1,241,951 shares of the company’s stock worth $57,229,000 after acquiring an additional 1,214,958 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in iShares Core Total USD Bond Market ETF by 5.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 22,986,670 shares of the company’s stock worth $1,059,226,000 after acquiring an additional 1,127,521 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.3%

Shares of IUSB opened at $46.74 on Monday. The firm has a market cap of $33.11 billion, a PE ratio of 10.80 and a beta of 0.15. The firm has a fifty day simple moving average of $46.49 and a two-hundred day simple moving average of $45.97. iShares Core Total USD Bond Market ETF has a 1-year low of $44.67 and a 1-year high of $47.03.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.1668 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.