Advisory Resource Group Takes $5.71 Million Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Advisory Resource Group acquired a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 126,357 shares of the company’s stock, valued at approximately $5,711,000. iShares Core Total USD Bond Market ETF accounts for about 1.2% of Advisory Resource Group’s holdings, making the stock its 19th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC increased its position 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 valued at $1,853,263,000 after purchasing an additional 6,632,679 shares during the period. JPMorgan Chase & Co. increased its position in iShares Core Total USD Bond Market ETF by 14.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock valued at $976,181,000 after purchasing an additional 2,651,218 shares during the period. Kestra Investment Management LLC increased its position in iShares Core Total USD Bond Market ETF by 62.3% during the 3rd quarter. Kestra Investment Management LLC now owns 4,620,587 shares of the company’s stock valued at $217,722,000 after purchasing an additional 1,773,270 shares during the period. MML Investors Services LLC increased its position in iShares Core Total USD Bond Market ETF by 22.2% during the 3rd quarter. MML Investors Services LLC now owns 8,454,621 shares of the company’s stock valued at $398,382,000 after purchasing an additional 1,535,400 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in iShares Core Total USD Bond Market ETF by 18.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 9,687,022 shares of the company’s stock valued at $456,453,000 after purchasing an additional 1,484,171 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.45 on Friday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44. The company has a 50 day simple moving average of $45.39 and a two-hundred day simple moving average of $46.04.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1542 per share. The ex-dividend date was Monday, February 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.