JPMorgan Chase & Co. Purchases 2,651,218 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

JPMorgan Chase & Co. grew its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 14.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,716,912 shares of the company’s stock after buying an additional 2,651,218 shares during the quarter. JPMorgan Chase & Co. owned 2.86% of iShares Core Total USD Bond Market ETF worth $976,181,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Abich Financial Wealth Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the third quarter worth $25,000. SWAN Capital LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth $25,000. Peterson Financial Group Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth $30,000. Evermay Wealth Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at $31,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at about $32,000.

iShares Core Total USD Bond Market ETF Trading Down 0.2 %

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.07 on Friday. iShares Core Total USD Bond Market ETF has a 1 year low of $44.21 and a 1 year high of $47.44. The firm’s 50-day moving average is $45.74 and its two-hundred day moving average is $46.08.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.1605 per share. This represents a $1.93 annualized dividend and a yield of 4.27%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, December 18th.

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.