LPL Financial LLC Acquires 6,632,679 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

LPL Financial LLC grew its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 20.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 39,330,716 shares of the company’s stock after acquiring an additional 6,632,679 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for about 0.8% of LPL Financial LLC’s investment portfolio, making the stock its 19th largest holding. LPL Financial LLC owned about 5.43% of iShares Core Total USD Bond Market ETF worth $1,853,263,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Creative Planning increased its stake in iShares Core Total USD Bond Market ETF by 8.0% during the 3rd quarter. Creative Planning now owns 54,714 shares of the company’s stock worth $2,578,000 after purchasing an additional 4,037 shares in the last quarter. McAdam LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 2.0% during the second quarter. McAdam LLC now owns 11,797 shares of the company’s stock worth $533,000 after acquiring an additional 227 shares in the last quarter. Western Wealth Management LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 1.5% during the second quarter. Western Wealth Management LLC now owns 40,141 shares of the company’s stock worth $1,815,000 after acquiring an additional 597 shares during the period. Alternative Investment Advisors LLC. acquired a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter worth $1,995,000. Finally, RFG Advisory LLC boosted its stake in iShares Core Total USD Bond Market ETF by 14.8% in the 3rd quarter. RFG Advisory LLC now owns 466,345 shares of the company’s stock worth $21,974,000 after purchasing an additional 60,166 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $45.59 on Thursday. The business’s 50-day moving average price is $46.36 and its two-hundred day moving average price is $45.96. iShares Core Total USD Bond Market ETF has a 1 year low of $44.21 and a 1 year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.1577 dividend. This represents a $1.89 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date was Friday, November 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

iShares Core Total USD Bond Market ETF 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.