Foundations Investment Advisors LLC Boosts Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Foundations Investment Advisors LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 45.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 3,074,594 shares of the company’s stock after buying an additional 953,717 shares during the period. iShares Core Total USD Bond Market ETF makes up approximately 3.0% of Foundations Investment Advisors LLC’s holdings, making the stock its largest holding. Foundations Investment Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $144,875,000 at the end of the most recent reporting period.

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

iShares Core Total USD Bond Market ETF Price Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $46.06 on Tuesday. The firm has a 50-day moving average of $46.81 and a 200-day moving average of $45.79. iShares Core Total USD Bond Market ETF has a 52-week low of $42.56 and a 52-week high of $47.44.

iShares Core Total USD Bond Market ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.1569 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.