Charles Schwab Investment Management Inc. Has $989,000 Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Charles Schwab Investment Management Inc. raised its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 129.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 21,886 shares of the company’s stock after purchasing an additional 12,338 shares during the period. Charles Schwab Investment Management Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $989,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Keystone Financial Group Inc. purchased a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $66,000. World Equity Group Inc. lifted its stake in iShares Core Total USD Bond Market ETF by 20.2% during the 4th quarter. World Equity Group Inc. now owns 35,464 shares of the company’s stock valued at $1,603,000 after acquiring an additional 5,968 shares in the last quarter. Howard Capital Management Inc. boosted its holdings in iShares Core Total USD Bond Market ETF by 21.4% during the 4th quarter. Howard Capital Management Inc. now owns 59,372 shares of the company’s stock worth $2,684,000 after acquiring an additional 10,448 shares during the last quarter. Beaird Harris Wealth Management LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 168.4% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock worth $44,000 after acquiring an additional 591 shares in the last quarter. Finally, Freedom Investment Management Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 4.7% in the third quarter. Freedom Investment Management Inc. now owns 6,249 shares of the company’s stock valued at $294,000 after purchasing an additional 281 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $45.98 on Monday. 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 firm’s 50-day simple moving average is $45.68 and its 200 day simple moving average is $45.86. The stock has a market cap of $32.71 billion, a PE ratio of 10.90 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.