Concorde Asset Management LLC Has $4.81 Million Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Concorde Asset Management LLC lifted its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 44.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 102,098 shares of the company’s stock after acquiring an additional 31,601 shares during the period. iShares Core Total USD Bond Market ETF accounts for 2.7% of Concorde Asset Management LLC’s portfolio, making the stock its 10th largest position. Concorde Asset Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $4,811,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its stake in iShares Core Total USD Bond Market ETF by 39.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock worth $450,000 after buying an additional 2,682 shares during the last quarter. LPL Financial LLC grew its stake in iShares Core Total USD Bond Market ETF by 20.3% during the 3rd quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock worth $1,853,263,000 after buying an additional 6,632,679 shares during the last quarter. Moors & Cabot Inc. grew its stake in iShares Core Total USD Bond Market ETF by 8.9% during the 3rd quarter. Moors & Cabot Inc. now owns 26,521 shares of the company’s stock worth $1,250,000 after buying an additional 2,159 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $32,000. Finally, Retireful LLC purchased a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $1,518,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB stock opened at $45.59 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44. The stock’s fifty day moving average price is $46.33 and its 200 day moving average price is $45.96.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.1577 per share. This represents a $1.89 annualized dividend and a yield of 4.15%. The ex-dividend date was Friday, November 1st. This is an increase 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.