Financial Engines Advisors L.L.C. Increases Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Financial Engines Advisors L.L.C. raised its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 263.5% during the fourth quarter, HoldingsChannel reports. The firm owned 232,475 shares of the company’s stock after purchasing an additional 168,526 shares during the period. Financial Engines Advisors L.L.C.’s holdings in iShares Core Total USD Bond Market ETF were worth $10,508,000 at the end of the most recent reporting period.

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

iShares Core Total USD Bond Market ETF Stock Performance

Shares of iShares Core Total USD Bond Market ETF stock 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 company has a fifty day moving average of $45.64 and a 200-day moving average of $45.89. The stock 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. Shareholders of record on Monday, March 3rd were given a dividend of $0.1553 per share. This is a positive change 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.