Maridea Wealth Management LLC Raises Holdings in iShares Core Total USD Bond Market ETF $IUSB

Maridea Wealth Management LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 17.5% in the 1st quarter, Holdings Channel reports. The fund owned 130,124 shares of the company’s stock after buying an additional 19,365 shares during the period. iShares Core Total USD Bond Market ETF makes up 0.9% of Maridea Wealth Management LLC’s investment portfolio, making the stock its 25th largest position. Maridea Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $6,010,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. CIBC Private Wealth Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at approximately $27,000. Decker Retirement Planning Inc. purchased a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth $30,000. Mcguire Capital Advisors Inc. purchased a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth $30,000. Chapman Financial Group LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the third quarter valued at $31,000. Finally, Hurley Capital LLC acquired a new stake 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

IUSB opened at $46.30 on Friday. The company has a fifty day moving average of $46.08 and a two-hundred day moving average of $46.39. The stock has a market capitalization of $36.64 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. 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.

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 given a dividend of $0.1511 per share. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.