Janney Montgomery Scott LLC Grows Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Janney Montgomery Scott LLC lifted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 18.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,687,022 shares of the company’s stock after acquiring an additional 1,484,171 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 1.3% of Janney Montgomery Scott LLC’s portfolio, making the stock its 8th biggest holding. Janney Montgomery Scott LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $456,453,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Envestnet Portfolio Solutions Inc. lifted its position in iShares Core Total USD Bond Market ETF by 37.8% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 19,623,354 shares of the company’s stock worth $894,629,000 after acquiring an additional 5,381,121 shares during the last quarter. Cetera Investment Advisers lifted its holdings in iShares Core Total USD Bond Market ETF by 129.9% during the 1st quarter. Cetera Investment Advisers now owns 8,653,706 shares of the company’s stock worth $394,522,000 after purchasing an additional 4,890,264 shares during the last quarter. CWM LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 19.5% during the 3rd quarter. CWM LLC now owns 21,325,421 shares of the company’s stock worth $1,004,854,000 after purchasing an additional 3,483,112 shares during the last quarter. Kestra Investment Management LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 2nd quarter valued at $128,756,000. Finally, Sanctuary Advisors LLC acquired a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter valued at $124,848,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $45.54 on Friday. The stock has a fifty day moving average of $46.68 and a 200-day moving average of $45.85. iShares Core Total USD Bond Market ETF has a fifty-two week low of $43.38 and a fifty-two week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be paid a $0.1577 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date is Friday, November 1st. This represents a $1.89 annualized dividend and a yield of 4.16%.

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.