Blue Oak Capital LLC Has $3.62 Million Stock Position in iShares Core Total USD Bond Market ETF $IUSB

Blue Oak Capital LLC increased its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 9.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,240 shares of the company’s stock after buying an additional 7,043 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for 1.9% of Blue Oak Capital LLC’s investment portfolio, making the stock its 16th largest holding. Blue Oak Capital LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $3,617,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. Investors Research Corp grew its position in iShares Core Total USD Bond Market ETF by 212.9% in the 1st quarter. Investors Research Corp now owns 657 shares of the company’s stock worth $30,000 after purchasing an additional 447 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new position in iShares Core Total USD Bond Market ETF in the 1st quarter valued at $38,000. CX Institutional purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 1st quarter valued at $41,000. AlphaCore Capital LLC bought a new position in iShares Core Total USD Bond Market ETF during the first quarter valued at about $47,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $50,000.

iShares Core Total USD Bond Market ETF Trading Down 0.1%

NASDAQ:IUSB opened at $46.60 on Friday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.26. The firm’s 50 day moving average is $46.33 and its 200 day moving average is $45.91. The stock has a market capitalization of $33.61 billion, a PE ratio of 10.80 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, September 2nd were issued a $0.1636 dividend. The ex-dividend date of this dividend was Tuesday, September 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.