HighTower Advisors LLC Decreases Holdings in iShares Core Total USD Bond Market ETF $IUSB

HighTower Advisors LLC trimmed its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 20.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 412,507 shares of the company’s stock after selling 105,550 shares during the period. HighTower Advisors LLC owned about 0.06% of iShares Core Total USD Bond Market ETF worth $19,268,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Jones Financial Companies Lllp raised its position in iShares Core Total USD Bond Market ETF by 6.9% in the third 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 during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of 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 purchasing an additional 1,330,484 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares Core Total USD Bond Market ETF by 3.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 18,782,389 shares of the company’s stock worth $868,310,000 after purchasing an additional 618,328 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 0.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 10,935,323 shares of the company’s stock worth $505,179,000 after purchasing an additional 75,856 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in iShares Core Total USD Bond Market ETF by 0.7% in the second quarter. Bank of New York Mellon Corp now owns 9,064,233 shares of the company’s stock valued at $419,039,000 after purchasing an additional 63,877 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.0%

Shares of NASDAQ IUSB opened at $46.99 on Friday. The stock has a fifty day simple moving average of $46.66 and a two-hundred day simple moving average of $46.65. iShares Core Total USD Bond Market ETF has a 1-year low of $44.74 and a 1-year high of $47.20. The firm has a market cap of $35.34 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.165 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Monday, February 2nd. 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.