World Equity Group Inc. Boosts Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

World Equity Group Inc. lifted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 38.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,496 shares of the company’s stock after purchasing an additional 8,146 shares during the quarter. World Equity Group Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $1,390,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 2.2% during the second quarter. LPL Financial LLC now owns 32,698,037 shares of the company’s stock worth $1,478,605,000 after buying an additional 705,199 shares in the last quarter. CWM LLC raised 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 during the period. Envestnet Portfolio Solutions Inc. lifted its stake in iShares Core Total USD Bond Market ETF by 0.3% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 19,689,119 shares of the company’s stock worth $890,342,000 after purchasing an additional 65,765 shares in the last quarter. Park Avenue Securities LLC increased its stake in iShares Core Total USD Bond Market ETF by 17.8% during the third quarter. Park Avenue Securities LLC now owns 12,498,157 shares of the company’s stock worth $588,913,000 after purchasing an additional 1,890,434 shares during the period. Finally, Janney Montgomery Scott LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 18.1% in the third 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 in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ:IUSB traded up $0.24 during trading on Monday, hitting $45.78. The company’s stock had a trading volume of 138,260 shares, compared to its average volume of 2,976,188. The business has a 50 day moving average price of $46.68 and a two-hundred day moving average price of $45.86. iShares Core Total USD Bond Market ETF has a fifty-two week low of $43.38 and a fifty-two week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be given a dividend of $0.1577 per share. The ex-dividend date is Friday, November 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.89 dividend on an annualized basis and a dividend yield of 4.13%.

About iShares Core Total USD Bond Market ETF

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.