McAdam LLC Raises Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

McAdam LLC raised its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 11,797 shares of the company’s stock after acquiring an additional 227 shares during the quarter. McAdam LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $533,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp lifted its stake in iShares Core Total USD Bond Market ETF by 92.8% in the 4th quarter. Jones Financial Companies Lllp now owns 47,864,940 shares of the company’s stock valued at $2,205,138,000 after buying an additional 23,039,032 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares Core Total USD Bond Market ETF by 0.3% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 19,689,119 shares of the company’s stock valued at $890,342,000 after acquiring an additional 65,765 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 38.7% in the first quarter. Park Avenue Securities LLC now owns 10,871,783 shares of the company’s stock worth $495,645,000 after acquiring an additional 3,035,201 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of iShares Core Total USD Bond Market ETF by 129.9% in the first quarter. Cetera Investment Advisers now owns 8,653,706 shares of the company’s stock worth $394,522,000 after acquiring an additional 4,890,264 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 36.5% during the first quarter. Janney Montgomery Scott LLC now owns 8,083,304 shares of the company’s stock worth $368,518,000 after purchasing an additional 2,160,414 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB stock opened at $46.87 on Friday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $42.56 and a fifty-two week high of $46.91. The stock’s fifty day moving average is $45.86 and its two-hundred day moving average is $45.35.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were paid a $0.1568 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. This represents a $1.88 annualized dividend and a dividend yield of 4.01%. The ex-dividend date of this dividend was Thursday, August 1st.

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.