Avidian Wealth Enterprises LLC Buys 43,233 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Avidian Wealth Enterprises LLC raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 760,414 shares of the company’s stock after acquiring an additional 43,233 shares during the period. iShares Core Total USD Bond Market ETF comprises 1.6% of Avidian Wealth Enterprises LLC’s holdings, making the stock its 15th largest position. Avidian Wealth Enterprises LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $35,831,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IUSB. McAdam LLC increased its holdings in iShares Core Total USD Bond Market ETF by 2.0% during the 2nd quarter. McAdam LLC now owns 11,797 shares of the company’s stock valued at $533,000 after purchasing an additional 227 shares during the period. Bush Investment Group LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 0.4% during the first quarter. Bush Investment Group LLC now owns 57,356 shares of the company’s stock valued at $2,615,000 after buying an additional 245 shares during the period. Schmidt P J Investment Management Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 1.8% during the second quarter. Schmidt P J Investment Management Inc. now owns 13,834 shares of the company’s stock valued at $626,000 after acquiring an additional 250 shares in the last quarter. Ascent Group LLC lifted its stake in iShares Core Total USD Bond Market ETF by 0.7% in the second quarter. Ascent Group LLC now owns 34,660 shares of the company’s stock worth $1,567,000 after acquiring an additional 252 shares during the period. Finally, TrueWealth Advisors LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 0.8% in the second quarter. TrueWealth Advisors LLC now owns 32,536 shares of the company’s stock valued at $1,471,000 after acquiring an additional 254 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.83 on Wednesday. iShares Core Total USD Bond Market ETF has a 12-month low of $43.38 and a 12-month high of $47.44. The company’s fifty day simple moving average is $46.64 and its two-hundred day simple moving average is $45.88.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be given a dividend of $0.1577 per share. The ex-dividend date is Friday, November 1st. This represents a $1.89 annualized dividend and a dividend yield of 4.13%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.