Elevation Point Wealth Partners LLC Buys 126,599 Shares of iShares Core Total USD Bond Market ETF $IUSB

Elevation Point Wealth Partners LLC increased its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 194.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 191,834 shares of the company’s stock after buying an additional 126,599 shares during the period. Elevation Point Wealth Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $8,861,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of IUSB. CIBC Private Wealth Group LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $27,000. Mcguire Capital Advisors Inc. acquired a new position in iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $30,000. Decker Retirement Planning Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth about $30,000. Chapman Financial Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $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

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.96 on Friday. The stock’s 50-day moving average is $46.05 and its 200 day moving average is $46.38. The firm has a market cap of $42.60 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a one year low of $45.47 and a one year high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be issued a $0.164 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, July 1st.

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.