Balance Wealth LLC Buys 35,282 Shares of iShares Core Total USD Bond Market ETF $IUSB

Balance Wealth LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 65.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,554 shares of the company’s stock after acquiring an additional 35,282 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for 1.3% of Balance Wealth LLC’s portfolio, making the stock its 20th largest position. Balance Wealth LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $4,137,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. CIBC Private Wealth Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth approximately $27,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter worth approximately $30,000. Mcguire Capital Advisors Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter worth approximately $30,000. Chapman Financial Group LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $31,000. Finally, Hurley Capital LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $33,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock opened at $46.26 on Friday. The business has a fifty day moving average price of $46.08 and a 200 day moving average price of $46.39. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.47 and a fifty-two week high of $47.23. The stock has a market capitalization of $36.61 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.1511 per share. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Monday, June 1st.

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.