LPL Financial LLC Increases Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

LPL Financial LLC raised its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 13.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 44,646,696 shares of the company’s stock after purchasing an additional 5,315,980 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for about 0.8% of LPL Financial LLC’s holdings, making the stock its 19th biggest holding. LPL Financial LLC owned approximately 0.06% of iShares Core Total USD Bond Market ETF worth $2,018,031,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IUSB. Prospera Financial Services Inc boosted its position in iShares Core Total USD Bond Market ETF by 32.3% during the 3rd quarter. Prospera Financial Services Inc now owns 10,208 shares of the company’s stock valued at $481,000 after buying an additional 2,492 shares during the period. Commerce Bank purchased a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $247,000. Charles Schwab Investment Management Inc. boosted its position in iShares Core Total USD Bond Market ETF by 39.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock valued at $450,000 after buying an additional 2,682 shares during the period. Nwam LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth about $3,087,000. Finally, Meridian Wealth Management LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 4.8% in the 3rd quarter. Meridian Wealth Management LLC now owns 8,969 shares of the company’s stock worth $423,000 after purchasing an additional 409 shares during the period.

iShares Core Total USD Bond Market ETF Trading Down 0.1 %

NASDAQ:IUSB opened at $46.00 on Friday. The company has a 50-day moving average price of $45.60 and a 200-day moving average price of $45.91. iShares Core Total USD Bond Market ETF has a 12 month low of $44.21 and a 12 month high of $47.44. The stock has a market cap of $32.72 billion, a price-to-earnings ratio of 10.90 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.1553 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date was Monday, March 3rd.

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.