Asempa Wealth Advisors Invests $1.05 Million in iShares Core Total USD Bond Market ETF $IUSB

Asempa Wealth Advisors bought a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the fourth quarter, Holdings Channel.com reports. The firm bought 22,609 shares of the company’s stock, valued at approximately $1,052,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Team Financial Group LLC boosted its position in iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after acquiring an additional 218 shares during the last quarter. Snider Financial Group grew its position in shares of iShares Core Total USD Bond Market ETF by 3.6% in the third quarter. Snider Financial Group now owns 6,580 shares of the company’s stock valued at $307,000 after purchasing an additional 231 shares in the last quarter. Leavell Investment Management Inc. grew its position in shares of iShares Core Total USD Bond Market ETF by 0.6% in the third quarter. Leavell Investment Management Inc. now owns 40,535 shares of the company’s stock valued at $1,893,000 after purchasing an additional 240 shares in the last quarter. Linscomb Wealth Inc. lifted its position in iShares Core Total USD Bond Market ETF by 0.8% during the third quarter. Linscomb Wealth Inc. now owns 31,738 shares of the company’s stock worth $1,482,000 after buying an additional 264 shares in the last quarter. Finally, Meridian Wealth Management LLC boosted its stake in iShares Core Total USD Bond Market ETF by 3.3% during the third quarter. Meridian Wealth Management LLC now owns 8,582 shares of the company’s stock worth $401,000 after buying an additional 276 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.8%

Shares of NASDAQ:IUSB opened at $45.93 on Monday. The business has a fifty day moving average of $46.69 and a two-hundred day moving average of $46.72. The stock has a market cap of $34.54 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 52-week low of $44.74 and a 52-week high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.1573 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.