Independent Financial Group LLC Makes New Investment in iShares Core Total USD Bond Market ETF $IUSB

Independent Financial Group LLC purchased a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 143,179 shares of the company’s stock, valued at approximately $6,613,000.

A number of other institutional investors also recently modified their holdings of the company. Align Financial LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth about $132,644,000. Northwestern Mutual Wealth Management Co. raised its position in iShares Core Total USD Bond Market ETF by 8.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock valued at $1,332,103,000 after buying an additional 2,324,731 shares during the last quarter. Symmetry Partners LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter valued at approximately $104,011,000. Mariner LLC lifted its stake in iShares Core Total USD Bond Market ETF by 15.1% in the 4th quarter. Mariner LLC now owns 16,120,286 shares of the company’s stock valued at $750,239,000 after acquiring an additional 2,115,404 shares in the last quarter. Finally, Morgan Stanley boosted its position in iShares Core Total USD Bond Market ETF by 8.5% during the 4th quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock worth $1,149,554,000 after acquiring an additional 1,931,838 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.77 on Friday. The company has a market cap of $42.85 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a twelve month low of $45.47 and a twelve month high of $47.23. The business has a 50 day moving average price of $45.96 and a two-hundred day moving average price of $46.32.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a $0.164 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 1st.

About iShares Core Total USD Bond Market ETF

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.