Diversify Wealth Management LLC Acquires 221,621 Shares of iShares Core Total USD Bond Market ETF $IUSB

Diversify Wealth Management LLC grew its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 80.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 495,868 shares of the company’s stock after acquiring an additional 221,621 shares during the quarter. Diversify Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $22,879,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Howe & Rusling Inc. lifted its stake in iShares Core Total USD Bond Market ETF by 2.6% in the fourth quarter. Howe & Rusling Inc. now owns 8,329 shares of the company’s stock valued at $388,000 after buying an additional 215 shares in the last quarter. Beacon Financial Group grew its holdings in shares of iShares Core Total USD Bond Market ETF by 3.9% in the 1st quarter. Beacon Financial Group now owns 5,993 shares of the company’s stock valued at $277,000 after acquiring an additional 226 shares in the last quarter. Midwest Trust Co grew its stake in iShares Core Total USD Bond Market ETF by 2.9% in the fourth quarter. Midwest Trust Co now owns 8,432 shares of the company’s stock valued at $392,000 after purchasing an additional 236 shares in the last quarter. HORAN Wealth LLC increased its holdings in iShares Core Total USD Bond Market ETF by 5.2% during the fourth quarter. HORAN Wealth LLC now owns 5,882 shares of the company’s stock worth $274,000 after buying an additional 291 shares during the last quarter. Finally, FC Advisory LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 0.5% in the 4th quarter. FC Advisory LLC now owns 64,545 shares of the company’s stock valued at $3,004,000 after purchasing an additional 292 shares during the period.

iShares Core Total USD Bond Market ETF Stock Down 0.1%

Shares of IUSB stock traded down $0.04 during trading on Friday, reaching $45.74. 2,894,464 shares of the company’s stock were exchanged, compared to its average volume of 4,534,737. iShares Core Total USD Bond Market ETF has a twelve month low of $45.47 and a twelve month high of $47.23. The stock has a market capitalization of $42.48 billion, a PE ratio of 10.80 and a beta of 0.26. The firm’s fifty day moving average price is $45.99 and its 200-day moving average price is $46.35.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a $0.164 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.3%. 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.