iShares Core Total USD Bond Market ETF $IUSB is Saxony Capital Management LLC’s Largest Position

Saxony Capital Management LLC increased its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 159.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 149,453 shares of the company’s stock after acquiring an additional 91,821 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 5.3% of Saxony Capital Management LLC’s portfolio, making the stock its biggest holding. Saxony Capital Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $6,909,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its holdings in iShares Core Total USD Bond Market ETF by 0.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 142,166,292 shares of the company’s stock worth $6,551,023,000 after acquiring an additional 1,051,702 shares in the last quarter. Jones Financial Companies Lllp increased 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 in the last quarter. LPL Financial LLC increased 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 in the last quarter. Northwestern Mutual Wealth Management Co. increased 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 in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in iShares Core Total USD Bond Market ETF by 4.3% in the 1st quarter. Ameriprise Financial Inc. now owns 10,859,467 shares of the company’s stock worth $500,344,000 after acquiring an additional 450,361 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $46.83 on Friday. The firm has a market cap of $33.29 billion, a PE ratio of 10.80 and a beta of 0.26. The firm has a fifty day moving average of $46.73 and a 200 day moving average of $46.11. iShares Core Total USD Bond Market ETF has a one year low of $44.67 and a one year high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a $0.1668 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, October 1st. 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 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.