iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Shares Purchased by Summit Financial LLC

Summit Financial LLC boosted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 20.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 149,971 shares of the company’s stock after purchasing an additional 25,745 shares during the quarter. Summit Financial LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $6,909,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of IUSB. DAVENPORT & Co LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 14.3% during the third quarter. DAVENPORT & Co LLC now owns 8,413 shares of the company’s stock worth $368,000 after buying an additional 1,052 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the third quarter worth about $429,000. Clear Creek Financial Management LLC raised its holdings in iShares Core Total USD Bond Market ETF by 16.0% in the third quarter. Clear Creek Financial Management LLC now owns 11,756 shares of the company’s stock valued at $514,000 after buying an additional 1,618 shares during the period. Private Ocean LLC boosted its position in iShares Core Total USD Bond Market ETF by 90.4% during the 3rd quarter. Private Ocean LLC now owns 1,632,359 shares of the company’s stock worth $71,359,000 after purchasing an additional 775,089 shares during the period. Finally, Stratos Wealth Advisors LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 20.6% in the third quarter. Stratos Wealth Advisors LLC now owns 200,030 shares of the company’s stock valued at $8,744,000 after buying an additional 34,235 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

IUSB traded up $0.03 during trading hours on Wednesday, reaching $44.40. 2,667,477 shares of the stock traded hands, compared to its average volume of 3,384,190. iShares Core Total USD Bond Market ETF has a fifty-two week low of $42.56 and a fifty-two week high of $46.40. The firm’s fifty day simple moving average is $45.08 and its two-hundred day simple moving average is $44.96.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be paid a dividend of $0.1498 per share. The ex-dividend date is Wednesday, May 1st.

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.