Archer Investment Management LLC Takes $1.81 Million Position in iShares Core Total USD Bond Market ETF $IUSB

Archer Investment Management LLC purchased a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 38,913 shares of the company’s stock, valued at approximately $1,811,000. iShares Core Total USD Bond Market ETF makes up 1.0% of Archer Investment Management LLC’s investment portfolio, making the stock its 29th largest holding.

Several other institutional investors also recently bought and sold shares of IUSB. Jones Financial Companies Lllp increased its stake in iShares Core Total USD Bond Market ETF by 6.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock valued at $3,327,011,000 after purchasing an additional 4,589,650 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 8.1% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 26,298,023 shares of the company’s stock worth $1,228,381,000 after buying an additional 1,980,869 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 4.9% in the third quarter. JPMorgan Chase & Co. now owns 19,693,393 shares of the company’s stock worth $919,878,000 after buying an additional 911,004 shares in the last quarter. Mariner LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 11.5% during the third quarter. Mariner LLC now owns 14,004,882 shares of the company’s stock valued at $654,168,000 after buying an additional 1,449,320 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares Core Total USD Bond Market ETF by 1.2% during the third quarter. Ameriprise Financial Inc. now owns 11,066,646 shares of the company’s stock valued at $516,686,000 after buying an additional 131,323 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.3%

Shares of IUSB opened at $45.97 on Wednesday. iShares Core Total USD Bond Market ETF has a twelve month low of $44.74 and a twelve month high of $47.23. The company has a market capitalization of $34.57 billion, a P/E ratio of 10.80 and a beta of 0.26. The firm has a 50 day moving average of $46.66 and a 200 day moving average of $46.71.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1573 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, March 2nd.

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.