iShares Core Total USD Bond Market ETF $IUSB is Opes Wealth Management LLC’s 7th Largest Position

Opes Wealth Management LLC decreased its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.1% during the second quarter, Holdings Channel.com reports. The firm owned 347,835 shares of the company’s stock after selling 14,736 shares during the period. iShares Core Total USD Bond Market ETF comprises 2.9% of Opes Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. Opes Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $16,080,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 106.6% during the 1st quarter. Golden State Wealth Management LLC now owns 28,302 shares of the company’s stock worth $1,305,000 after buying an additional 14,603 shares during the period. Sequoia Financial Advisors LLC lifted its stake in iShares Core Total USD Bond Market ETF by 14.0% in the 1st quarter. Sequoia Financial Advisors LLC now owns 5,048 shares of the company’s stock valued at $233,000 after buying an additional 621 shares in the last quarter. Western Wealth Management LLC increased its stake in iShares Core Total USD Bond Market ETF by 15.2% during the 1st quarter. Western Wealth Management LLC now owns 60,804 shares of the company’s stock worth $2,802,000 after buying an additional 8,036 shares in the last quarter. Beacon Financial Advisory LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 7.2% in the first quarter. Beacon Financial Advisory LLC now owns 37,635 shares of the company’s stock valued at $1,734,000 after acquiring an additional 2,531 shares in the last quarter. Finally, Diversified Trust Co purchased a new position in iShares Core Total USD Bond Market ETF in the 1st quarter valued at $277,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $47.03 on Friday. The business’s 50 day moving average price is $46.63 and its 200 day moving average price is $46.03. The company has a market cap of $33.35 billion, a price-to-earnings ratio of 10.80 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a one year low of $44.67 and a one year high of $47.17.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.1668 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.