Northern Trust Corp Purchases Shares of 4,538 iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Northern Trust Corp purchased a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,538 shares of the company’s stock, valued at approximately $205,000.

A number of other hedge funds have also modified their holdings of the business. Jones Financial Companies Lllp lifted its stake in iShares Core Total USD Bond Market ETF by 12.2% in the 4th quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock valued at $2,735,756,000 after buying an additional 6,586,279 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 13.5% in the fourth quarter. LPL Financial LLC now owns 44,646,696 shares of the company’s stock valued at $2,018,031,000 after acquiring an additional 5,315,980 shares in the last quarter. Life Planning Partners Inc boosted its stake in shares of iShares Core Total USD Bond Market ETF by 4,352.9% during the fourth quarter. Life Planning Partners Inc now owns 4,380,903 shares of the company’s stock valued at $198,017,000 after acquiring an additional 4,282,520 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at $183,980,000. Finally, JPMorgan Chase & Co. increased its position in iShares Core Total USD Bond Market ETF by 14.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock worth $976,181,000 after purchasing an additional 2,651,218 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.6%

Shares of IUSB stock opened at $45.41 on Tuesday. The company has a market capitalization of $32.68 billion, a price-to-earnings ratio of 10.82 and a beta of 0.15. The firm has a 50-day moving average price of $45.59 and a 200 day moving average price of $45.59. iShares Core Total USD Bond Market ETF has a twelve month low of $44.67 and a twelve month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd will be issued a dividend of $0.1651 per share. The ex-dividend date is Monday, June 2nd. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16.

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.