Firestone Capital Management Acquires 10,921 Shares of iShares Core Total USD Bond Market ETF $IUSB

Firestone Capital Management boosted its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.2% in the third quarter, HoldingsChannel.com reports. The firm owned 354,435 shares of the company’s stock after purchasing an additional 10,921 shares during the quarter. iShares Core Total USD Bond Market ETF comprises approximately 3.6% of Firestone Capital Management’s investment portfolio, making the stock its 9th biggest holding. Firestone Capital Management’s holdings in iShares Core Total USD Bond Market ETF were worth $16,556,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IUSB. Jones Financial Companies Lllp boosted its stake in shares of iShares Core Total USD Bond Market ETF by 6.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock worth $3,327,011,000 after acquiring an additional 4,589,650 shares in the last quarter. Gallagher Fiduciary Advisors LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 3,595.7% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 3,377,749 shares of the company’s stock valued at $156,153,000 after purchasing an additional 3,286,352 shares during the period. Thrivent Financial for Lutherans boosted its position in shares of iShares Core Total USD Bond Market ETF by 3,347.5% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,862,672 shares of the company’s stock valued at $87,006,000 after purchasing an additional 1,808,643 shares during the period. Spire Wealth Management increased its stake in iShares Core Total USD Bond Market ETF by 1,276.8% in the 2nd quarter. Spire Wealth Management now owns 1,888,940 shares of the company’s stock worth $86,970,000 after purchasing an additional 1,751,742 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in iShares Core Total USD Bond Market ETF by 5.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,317,154 shares of the company’s stock worth $1,124,182,000 after buying an additional 1,330,484 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock opened at $46.45 on Thursday. The company has a market cap of $34.93 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.74 and a fifty-two week high of $47.20. The firm’s 50 day simple moving average is $46.63 and its 200-day simple moving average is $46.58.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.165 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.