Ameriprise Financial Inc. Acquires 131,323 Shares of iShares Core Total USD Bond Market ETF $IUSB

Ameriprise Financial Inc. increased its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.2% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 11,066,646 shares of the company’s stock after purchasing an additional 131,323 shares during the period. Ameriprise Financial Inc. owned 1.56% of iShares Core Total USD Bond Market ETF worth $516,686,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Team Financial Group LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after buying an additional 218 shares during the period. Chapman Financial Group LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $31,000. Collier Financial bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $32,000. Richardson Capital Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $43,000. Finally, United Financial Planning Group LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $50,000.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $46.17 on Monday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.74 and a fifty-two week high of $47.23. The stock has a market cap of $34.72 billion, a P/E ratio of 10.80 and a beta of 0.26. The firm’s fifty day moving average price is $46.72 and its 200-day moving average price is $46.72.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given 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.

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.