First Horizon Advisors Inc. Acquires 17,057 Shares of iShares Core Total USD Bond Market ETF $IUSB

First Horizon Advisors Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.5% during the second quarter, HoldingsChannel reports. The firm owned 279,155 shares of the company’s stock after purchasing an additional 17,057 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $12,905,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. 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 during 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 during 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 during the last quarter. 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 during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in iShares Core Total USD Bond Market ETF by 0.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 9,064,233 shares of the company’s stock worth $419,039,000 after acquiring an additional 63,877 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $46.65 on Wednesday. The business has a 50-day moving average of $46.75 and a 200 day moving average of $46.13. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.67 and a fifty-two week high of $47.20. The firm has a market cap of $33.16 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 6th. Investors of record on Monday, November 3rd will be issued a $0.1643 dividend. The ex-dividend date of this dividend is Monday, November 3rd. This represents a c) annualized dividend and a yield of 4.2%.

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.