Endeavor Private Wealth Inc. Acquires 20,049 Shares of iShares Core Total USD Bond Market ETF $IUSB

Endeavor Private Wealth Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 439,797 shares of the company’s stock after acquiring an additional 20,049 shares during the quarter. iShares Core Total USD Bond Market ETF comprises approximately 4.7% of Endeavor Private Wealth Inc.’s portfolio, making the stock its 2nd biggest holding. Endeavor Private Wealth Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $19,391,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IUSB. GK Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter worth $26,000. Team Financial Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $27,000. JNBA Financial Advisors purchased a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter valued at $32,000. Independence Bank of Kentucky bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $50,000. Finally, Oakworth Capital Inc. bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter valued at $54,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $44.66 on Thursday. The stock’s 50-day simple moving average is $44.60 and its 200 day simple moving average is $45.73. The stock has a market capitalization of $50.14 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 52-week low of $43.75 and a 52-week high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.1718 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544. This represents a $2.06 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Monday, November 2nd.

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.