Elevation Wealth Partners LLC Buys 55,428 Shares of iShares Core Total USD Bond Market ETF $IUSB

Elevation Wealth Partners LLC grew its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 9.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 671,055 shares of the company’s stock after buying an additional 55,428 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 11.1% of Elevation Wealth Partners LLC’s portfolio, making the stock its biggest position. Elevation Wealth Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $31,231,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Tompkins Financial Corp lifted its stake in iShares Core Total USD Bond Market ETF by 43.2% in the fourth quarter. Tompkins Financial Corp now owns 2,484 shares of the company’s stock worth $116,000 after acquiring an additional 749 shares during the last quarter. Asempa Wealth Advisors purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at approximately $1,052,000. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 15.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 140,801 shares of the company’s stock valued at $6,564,000 after purchasing an additional 18,714 shares during the last quarter. Genesis Private Wealth LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at $3,902,000. Finally, Maridea Wealth Management LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 26.2% in the 4th quarter. Maridea Wealth Management LLC now owns 110,759 shares of the company’s stock valued at $5,155,000 after purchasing an additional 23,015 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.8%

iShares Core Total USD Bond Market ETF stock opened at $45.93 on Monday. The company has a fifty day simple moving average of $46.69 and a 200-day simple 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 12-month low of $44.74 and a 12-month high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

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