iShares Core Total USD Bond Market ETF $IUSB Stock: Merkkuri Wealth Advisors LLC Boosts Holdings

Merkkuri Wealth Advisors LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 27.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 69,046 shares of the company’s stock after purchasing an additional 14,880 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 1.9% of Merkkuri Wealth Advisors LLC’s investment portfolio, making the stock its 17th biggest holding. Merkkuri Wealth Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $3,044,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. LiftPoint Family Wealth Advisors LLC raised its stake in iShares Core Total USD Bond Market ETF by 26.0% in the 3rd quarter. LiftPoint Family Wealth Advisors LLC now owns 42,668 shares of the company’s stock worth $1,881,000 after acquiring an additional 8,800 shares during the last quarter. Carmel Capital Partners LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $1,052,000. Ashton Thomas Private Wealth LLC grew its stake in iShares Core Total USD Bond Market ETF by 48.0% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 309,758 shares of the company’s stock valued at $13,657,000 after purchasing an additional 100,511 shares during the last quarter. Bayshore Capital Advisors LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $460,000. Finally, Asset One Wealth Management LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 1,602.7% in the third quarter. Asset One Wealth Management LLC now owns 133,081 shares of the company’s stock valued at $5,868,000 after purchasing an additional 125,265 shares during the period.

iShares Core Total USD Bond Market ETF Trading Down 0.1%

Shares of IUSB stock traded down $0.04 during mid-day trading on Friday, reaching $44.94. The stock had a trading volume of 5,678,346 shares, compared to its average volume of 5,290,708. iShares Core Total USD Bond Market ETF has a 1-year low of $43.75 and a 1-year high of $47.23. The firm has a market cap of $50.33 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. The business’s fifty day moving average is $44.63 and its 200-day moving average is $45.76.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a $0.1718 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544. This represents a $2.06 dividend on an annualized basis and a 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.