MML Investors Services LLC Has $357 Million Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

MML Investors Services LLC lowered its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,898,266 shares of the company’s stock after selling 556,355 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 1.2% of MML Investors Services LLC’s investment portfolio, making the stock its 10th biggest holding. MML Investors Services LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $357,002,000 at the end of the most recent quarter.

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

iShares Core Total USD Bond Market ETF Stock Down 0.2 %

iShares Core Total USD Bond Market ETF stock opened at $45.54 on Friday. The company has a market capitalization of $32.76 billion, a P/E ratio of 10.97 and a beta of 0.15. The firm has a 50 day moving average price of $45.76 and a 200-day moving average price of $45.69. iShares Core Total USD Bond Market ETF has a twelve month low of $44.21 and a twelve month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were paid a $0.162 dividend. The ex-dividend date was Tuesday, April 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.94 annualized dividend and a dividend yield of 4.27%.

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.