Assetmark Inc. Increases Position in iShares Core Total USD Bond Market ETF $IUSB

Assetmark Inc. lifted its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.2% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,797,858 shares of the company’s stock after buying an additional 39,067 shares during the period. Assetmark Inc. owned approximately 0.24% of iShares Core Total USD Bond Market ETF worth $83,672,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IUSB. Jones Financial Companies Lllp boosted its stake in shares of iShares Core Total USD Bond Market ETF by 6.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock worth $3,327,011,000 after buying an additional 4,589,650 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 8.1% in the 3rd 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 during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of iShares Core Total USD Bond Market ETF by 3,347.5% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,862,672 shares of the company’s stock worth $87,006,000 after buying an additional 1,808,643 shares during the last quarter. Mariner LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 11.5% in the 3rd quarter. Mariner LLC now owns 14,004,882 shares of the company’s stock worth $654,168,000 after buying an additional 1,449,320 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $59,881,000.

iShares Core Total USD Bond Market ETF Stock Up 0.2%

Shares of NASDAQ IUSB opened at $46.35 on Tuesday. iShares Core Total USD Bond Market ETF has a twelve month low of $45.07 and a twelve month high of $47.23. The stock’s 50 day moving average price is $46.53 and its 200-day moving average price is $46.65. The company has a market capitalization of $36.32 billion, a PE ratio of 10.80 and a beta of 0.28.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were paid a $0.1645 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Wednesday, April 1st. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly 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.