Envestnet Asset Management Inc. Has $6.38 Billion Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Envestnet Asset Management Inc. cut its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 11.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 141,114,590 shares of the company’s stock after selling 17,895,794 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 2.0% of Envestnet Asset Management Inc.’s investment portfolio, making the stock its 3rd largest position. Envestnet Asset Management Inc. owned 19.84% of iShares Core Total USD Bond Market ETF worth $6,378,379,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Synergy Investment Management LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 4th quarter worth $29,000. First Financial Corp IN bought a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at about $35,000. New Millennium Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth about $38,000. Beaird Harris Wealth Management LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 168.4% in the third quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock worth $44,000 after buying an additional 591 shares during the period. Finally, OLD Second National Bank of Aurora lifted its stake in shares of iShares Core Total USD Bond Market ETF by 99,900.0% in the 4th quarter. OLD Second National Bank of Aurora now owns 1,000 shares of the company’s stock valued at $45,000 after acquiring an additional 999 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $46.19 on Friday. The stock’s 50 day simple moving average is $45.77 and its 200 day simple moving average is $45.84. The firm has a market cap of $33.17 billion, a price-to-earnings ratio of 10.97 and a beta of 0.25. iShares Core Total USD Bond Market ETF has a 1 year low of $44.21 and a 1 year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were given a $0.162 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Tuesday, April 1st. This represents a $1.94 dividend on an annualized basis and a dividend yield of 4.21%.

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.