Able Wealth Management LLC Purchases 26,447 Shares of iShares Core Total USD Bond Market ETF $IUSB

Able Wealth Management LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 33.8% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 104,718 shares of the company’s stock after purchasing an additional 26,447 shares during the quarter. iShares Core Total USD Bond Market ETF makes up approximately 1.3% of Able Wealth Management LLC’s holdings, making the stock its 24th biggest position. Able Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $4,837,000 at the end of the most recent quarter.

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

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ:IUSB opened at $45.92 on Thursday. The stock has a 50-day simple moving average of $46.06 and a two-hundred day simple moving average of $46.38. iShares Core Total USD Bond Market ETF has a 52-week low of $45.47 and a 52-week high of $47.23. The firm has a market capitalization of $36.34 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

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

iShares Core Total USD Bond Market ETF 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.