Investment Advisory Group LLC Increases Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Investment Advisory Group LLC raised its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 133.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 49,456 shares of the company’s stock after purchasing an additional 28,280 shares during the period. iShares Core Total USD Bond Market ETF accounts for approximately 1.0% of Investment Advisory Group LLC’s portfolio, making the stock its 23rd biggest holding. Investment Advisory Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,278,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IUSB. RDA Financial Network raised its holdings in shares of iShares Core Total USD Bond Market ETF by 3.5% during the 4th quarter. RDA Financial Network now owns 6,874 shares of the company’s stock worth $317,000 after acquiring an additional 231 shares during the period. Insight Wealth Partners LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 4.8% during the 3rd quarter. Insight Wealth Partners LLC now owns 5,715 shares of the company’s stock worth $250,000 after acquiring an additional 264 shares during the period. Advisor Partners II LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 3.6% during the 4th quarter. Advisor Partners II LLC now owns 7,706 shares of the company’s stock worth $346,000 after acquiring an additional 268 shares during the period. Sunbelt Securities Inc. increased its position in shares of iShares Core Total USD Bond Market ETF by 2.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 12,366 shares of the company’s stock worth $562,000 after purchasing an additional 278 shares during the last quarter. Finally, Fragasso Group Inc. increased its position in shares of iShares Core Total USD Bond Market ETF by 1.4% during the 4th quarter. Fragasso Group Inc. now owns 22,950 shares of the company’s stock worth $1,057,000 after purchasing an additional 308 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.3 %

Shares of NASDAQ:IUSB traded down $0.12 during midday trading on Tuesday, reaching $44.30. 780,767 shares of the company’s stock were exchanged, compared to its average volume of 3,424,219. The firm’s 50 day simple moving average is $45.28 and its two-hundred day simple moving average is $44.87. 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.

iShares Core Total USD Bond Market ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1503 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date of this dividend was Monday, April 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.