Modern Wealth Management LLC Has $25.37 Million Stake in iShares Core Total USD Bond Market ETF $IUSB

Modern Wealth Management LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 40.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 550,514 shares of the company’s stock after buying an additional 158,146 shares during the period. Modern Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $25,373,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. CIBC Private Wealth Group LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $27,000. Mcguire Capital Advisors Inc. bought a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $30,000. Decker Retirement Planning Inc. acquired a new position in iShares Core Total USD Bond Market ETF in the fourth quarter worth about $30,000. Hurley Capital LLC acquired a new position in iShares Core Total USD Bond Market ETF in the fourth quarter worth about $33,000. Finally, Advocate Investing Services LLC bought a new position in iShares Core Total USD Bond Market ETF during the first quarter worth about $42,000.

iShares Core Total USD Bond Market ETF Trading Down 0.2%

NASDAQ IUSB opened at $45.42 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $45.38 and a 1-year high of $47.23. The company has a market capitalization of $42.64 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The stock’s 50 day moving average is $45.91 and its two-hundred day moving average is $46.29.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.164 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.3%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

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.