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

Miracle Mile Advisors LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1,948.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 410,851 shares of the company’s stock after buying an additional 390,799 shares during the quarter. Miracle Mile Advisors LLC owned 0.07% of iShares Core Total USD Bond Market ETF worth $18,731,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Andina Capital Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter valued at approximately $4,610,000. FAS Wealth Partners Inc. grew its stake in iShares Core Total USD Bond Market ETF by 42.8% during the 4th quarter. FAS Wealth Partners Inc. now owns 2,360 shares of the company’s stock valued at $109,000 after purchasing an additional 707 shares in the last quarter. Savvy Advisors Inc. acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter valued at approximately $2,734,000. Burt Wealth Advisors grew its stake in iShares Core Total USD Bond Market ETF by 15.1% during the 4th quarter. Burt Wealth Advisors now owns 17,692 shares of the company’s stock valued at $815,000 after purchasing an additional 2,325 shares in the last quarter. Finally, Family Asset Management LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 1,813.3% in the 4th quarter. Family Asset Management LLC now owns 861 shares of the company’s stock worth $40,000 after acquiring an additional 816 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB traded down $0.38 during mid-day trading on Monday, hitting $44.84. The stock had a trading volume of 1,835,296 shares, compared to its average volume of 2,946,416. The company’s fifty day simple moving average is $45.03 and its two-hundred day simple moving average is $45.31. iShares Core Total USD Bond Market ETF has a fifty-two week low of $42.56 and a fifty-two week high of $46.35.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were given a $0.1495 dividend. The ex-dividend date was Monday, June 3rd. This represents a $1.79 annualized dividend and a dividend 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.