Hershey Financial Advisers LLC Purchases Shares of 19,032 iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Hershey Financial Advisers LLC bought a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 19,032 shares of the company’s stock, valued at approximately $860,000.

Other large investors also recently modified their holdings of the company. Jones Financial Companies Lllp raised its stake in shares of iShares Core Total USD Bond Market ETF by 12.2% during the fourth quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock worth $2,735,756,000 after buying an additional 6,586,279 shares during the last quarter. LPL Financial LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 13.5% during the fourth quarter. LPL Financial LLC now owns 44,646,696 shares of the company’s stock worth $2,018,031,000 after buying an additional 5,315,980 shares during the last quarter. Life Planning Partners Inc raised its stake in shares of iShares Core Total USD Bond Market ETF by 4,352.9% during the fourth quarter. Life Planning Partners Inc now owns 4,380,903 shares of the company’s stock worth $198,017,000 after buying an additional 4,282,520 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $183,980,000. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares Core Total USD Bond Market ETF by 14.7% during the third quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock worth $976,181,000 after buying an additional 2,651,218 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ:IUSB opened at $46.00 on Monday. The company has a 50 day moving average price of $45.60 and a two-hundred day moving average price of $45.90. The company has a market capitalization of $32.72 billion, a PE ratio of 10.90 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.1553 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15.

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.