Pettinga Financial Advisors LLC increased its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 46.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,673 shares of the company’s stock after purchasing an additional 12,237 shares during the quarter, with holdings worth $1,763,000 at the end of the reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the company. For instance, Jones Financial Companies Lllp raised its holdings in iShares Core Total USD Bond Market ETF by 92.8% in the 4th quarter. JPMorgan Chase & Co. also increased its holdings significantly in the 3rd quarter. In addition, Park Avenue Securities LLC, Financial Gravity Asset Management Inc., and Natixis Advisors L.P. all saw increases in their positions in the company.
NASDAQ:IUSB opened at $45.22 on Monday, with a 50-day simple moving average of $45.03 and a two-hundred day simple moving average of $45.31. The ETF has a fifty-two week low of $42.56 and a high of $46.35.
The company recently announced a monthly dividend, with shareholders receiving $0.1495 per share on Friday, June 7th. This represents a $1.79 dividend on an annualized basis and a yield of 3.97%.
The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund based on the Bloomberg U.S. Universal index, tracking a broad Barclays index of USD-denominated taxable bonds. Launched on Jun 10, 2014, IUSB is managed by BlackRock.
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