Maridea Wealth Management LLC Makes New $4.13 Million Investment in iShares Core Total USD Bond Market ETF $IUSB

Maridea Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the third quarter, HoldingsChannel.com reports. The firm bought 87,744 shares of the company’s stock, valued at approximately $4,130,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Avidian Wealth Enterprises LLC lifted its stake in iShares Core Total USD Bond Market ETF by 3.0% during the second quarter. Avidian Wealth Enterprises LLC now owns 1,000,740 shares of the company’s stock worth $46,264,000 after purchasing an additional 28,709 shares during the last quarter. Firestone Capital Management raised its holdings in shares of iShares Core Total USD Bond Market ETF by 3.2% during the 3rd quarter. Firestone Capital Management now owns 354,435 shares of the company’s stock worth $16,556,000 after buying an additional 10,921 shares in the last quarter. Acorn Wealth Advisors LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth $624,000. B. Riley Wealth Advisors Inc. acquired a new stake in iShares Core Total USD Bond Market ETF in the second quarter valued at about $6,423,000. Finally, First Command Advisory Services Inc. grew its position in iShares Core Total USD Bond Market ETF by 5.4% in the third quarter. First Command Advisory Services Inc. now owns 2,210,825 shares of the company’s stock valued at $103,268,000 after acquiring an additional 112,933 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $47.03 on Wednesday. The company has a market cap of $35.37 billion, a price-to-earnings 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 $47.20. The stock has a 50-day moving average price of $46.65 and a two-hundred day moving average price of $46.64.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.165 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.