Miracle Mile Advisors LLC Raises Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Miracle Mile Advisors LLC raised its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1,948.9% during the 1st quarter, Holdings Channel reports. The fund owned 410,851 shares of the company’s stock after purchasing an additional 390,799 shares during the period. Miracle Mile Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $18,731,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. RDA Financial Network grew its holdings in shares of iShares Core Total USD Bond Market ETF by 3.5% during the fourth quarter. RDA Financial Network now owns 6,874 shares of the company’s stock valued at $317,000 after buying an additional 231 shares during the last quarter. NBC Securities Inc. grew its holdings in shares of iShares Core Total USD Bond Market ETF by 7.5% during the fourth quarter. NBC Securities Inc. now owns 3,352 shares of the company’s stock valued at $154,000 after buying an additional 234 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in shares of iShares Core Total USD Bond Market ETF by 3.5% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 7,093 shares of the company’s stock valued at $327,000 after buying an additional 237 shares during the last quarter. Harbor Investment Advisory LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 16.5% during the first quarter. Harbor Investment Advisory LLC now owns 1,681 shares of the company’s stock valued at $77,000 after buying an additional 238 shares during the last quarter. Finally, Fragasso Group Inc. grew its holdings in shares of iShares Core Total USD Bond Market ETF by 1.4% during the fourth quarter. Fragasso Group Inc. now owns 22,950 shares of the company’s stock valued at $1,057,000 after buying an additional 308 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB traded down $0.38 during trading hours on Monday, reaching $44.84. 1,835,296 shares of the company traded hands, compared to its average volume of 2,946,416. iShares Core Total USD Bond Market ETF has a 12-month low of $42.56 and a 12-month high of $46.35. The business has a fifty day moving average price of $45.03 and a 200-day moving average price of $45.31.

iShares Core Total USD Bond Market ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were given a dividend of $0.1495 per share. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $1.79 dividend on an annualized basis and a yield of 4.00%.

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.