Financial Engines Advisors L.L.C. Buys 168,526 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Financial Engines Advisors L.L.C. boosted its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 263.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 232,475 shares of the company’s stock after purchasing an additional 168,526 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in iShares Core Total USD Bond Market ETF were worth $10,508,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. UNIVEST FINANCIAL Corp grew its stake in iShares Core Total USD Bond Market ETF by 44.3% during the fourth quarter. UNIVEST FINANCIAL Corp now owns 746,932 shares of the company’s stock valued at $33,761,000 after acquiring an additional 229,339 shares in the last quarter. Mosaic Advisors LLC bought a new position in iShares Core Total USD Bond Market ETF in the 4th quarter valued at $242,000. PKS Advisory Services LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter valued at $404,000. Signature Estate & Investment Advisors LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth $1,022,000. Finally, Modern Wealth Management LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 909.2% in the fourth quarter. Modern Wealth Management LLC now owns 720,297 shares of the company’s stock worth $32,745,000 after buying an additional 648,925 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ:IUSB opened at $45.88 on Wednesday. iShares Core Total USD Bond Market ETF has a 52-week low of $44.21 and a 52-week high of $47.44. The stock has a fifty day moving average of $45.64 and a 200 day moving average of $45.89. The firm has a market capitalization of $32.63 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 firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1553 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15.

iShares Core Total USD Bond Market ETF Company 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.