GeoWealth Management LLC Buys 8,687 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

GeoWealth Management LLC increased its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 387.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,927 shares of the company’s stock after purchasing an additional 8,687 shares during the quarter. GeoWealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $497,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. AlphaCore Capital LLC acquired a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter worth about $29,000. Key Financial Inc increased its stake in shares of iShares Core Total USD Bond Market ETF by 108.1% in the second quarter. Key Financial Inc now owns 693 shares of the company’s stock valued at $32,000 after buying an additional 360 shares during the period. Fiduciary Alliance LLC bought a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter valued at approximately $35,000. WealthPlan Investment Management LLC raised its holdings in iShares Core Total USD Bond Market ETF by 91,750.0% in the 2nd quarter. WealthPlan Investment Management LLC now owns 1,837 shares of the company’s stock valued at $38,000 after buying an additional 1,835 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $45,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $44.30 on Tuesday. iShares Core Total USD Bond Market ETF has a 52-week low of $42.56 and a 52-week high of $46.86. The firm has a 50 day moving average price of $43.58 and a two-hundred day moving average price of $44.60.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Thursday, November 2nd were given a $0.14 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date of this dividend was Wednesday, November 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.13.

iShares Core Total USD Bond Market ETF Company 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.