Baker Avenue Asset Management LP Increases Holdings in iShares Core Total USD Bond Market ETF $IUSB

Baker Avenue Asset Management LP grew its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,278,402 shares of the company’s stock after buying an additional 25,410 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 1.4% of Baker Avenue Asset Management LP’s investment portfolio, making the stock its 19th largest holding. Baker Avenue Asset Management LP owned approximately 0.18% of iShares Core Total USD Bond Market ETF worth $59,714,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 5.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,317,154 shares of the company’s stock valued at $1,124,182,000 after acquiring an additional 1,330,484 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares Core Total USD Bond Market ETF by 3.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 18,782,389 shares of the company’s stock valued at $868,310,000 after purchasing an additional 618,328 shares during the period. Ameriprise Financial Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 0.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 10,935,323 shares of the company’s stock worth $505,179,000 after purchasing an additional 75,856 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of iShares Core Total USD Bond Market ETF by 0.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 9,064,233 shares of the company’s stock worth $419,039,000 after purchasing an additional 63,877 shares during the period. Finally, SigFig Wealth Management LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 7.4% during the 3rd quarter. SigFig Wealth Management LLC now owns 4,424,772 shares of the company’s stock valued at $206,681,000 after purchasing an additional 303,906 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock opened at $46.67 on Friday. iShares Core Total USD Bond Market ETF has a 1 year low of $44.74 and a 1 year high of $47.20. The firm has a 50-day moving average of $46.66 and a 200 day moving average of $46.53. The company has a market cap of $34.80 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a $0.1648 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Friday, December 19th. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.