Hershey Financial Advisers LLC Makes New $895,000 Investment in iShares Core Total USD Bond Market ETF $IUSB

Hershey Financial Advisers LLC purchased a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the second quarter, according to its most recent filing with the SEC. The fund purchased 19,352 shares of the company’s stock, valued at approximately $895,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Gallagher Fiduciary Advisors LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 3,595.7% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 3,377,749 shares of the company’s stock worth $156,153,000 after purchasing an additional 3,286,352 shares during the period. Jones Financial Companies Lllp lifted its position in shares of iShares Core Total USD Bond Market ETF by 3.1% in the 1st quarter. Jones Financial Companies Lllp now owns 62,382,141 shares of the company’s stock worth $2,868,351,000 after buying an additional 1,856,559 shares during the last quarter. Spire Wealth Management boosted its holdings in shares of 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 valued at $86,970,000 after buying an additional 1,751,742 shares during the period. Northwestern Mutual Wealth Management Co. grew its position 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 valued at $1,124,182,000 after buying an additional 1,330,484 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its stake in iShares Core Total USD Bond Market ETF by 95.1% during the first quarter. Kestra Advisory Services LLC now owns 1,335,826 shares of the company’s stock worth $61,555,000 after acquiring an additional 651,131 shares during the period.

iShares Core Total USD Bond Market ETF Stock Down 0.2%

Shares of NASDAQ IUSB opened at $46.53 on Friday. The firm’s 50-day moving average price is $46.79 and its two-hundred day moving average price is $46.35. iShares Core Total USD Bond Market ETF has a 52-week low of $44.67 and a 52-week high of $47.20. The stock has a market capitalization of $33.07 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, December 1st were issued a $0.1566 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.0%.

iShares Core Total USD Bond Market ETF Company 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.