Peterson Financial Group Inc. Invests $30,000 in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Peterson Financial Group Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the third quarter, Holdings Channel.com reports. The firm purchased 627 shares of the company’s stock, valued at approximately $30,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Maxwell Wealth Strategies Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 7.9% in the third quarter. Maxwell Wealth Strategies Inc. now owns 72,098 shares of the company’s stock valued at $3,304,000 after purchasing an additional 5,270 shares in the last quarter. Evolution Wealth Advisors LLC lifted its stake in iShares Core Total USD Bond Market ETF by 9.8% in the 3rd quarter. Evolution Wealth Advisors LLC now owns 65,433 shares of the company’s stock worth $3,083,000 after acquiring an additional 5,830 shares in the last quarter. OneDigital Investment Advisors LLC boosted its position in iShares Core Total USD Bond Market ETF by 19.3% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 8,539,338 shares of the company’s stock worth $402,374,000 after acquiring an additional 1,383,615 shares during the period. Lifeworks Advisors LLC grew its stake in iShares Core Total USD Bond Market ETF by 23.5% during the 3rd quarter. Lifeworks Advisors LLC now owns 24,145 shares of the company’s stock valued at $1,138,000 after acquiring an additional 4,589 shares in the last quarter. Finally, Snider Financial Group increased its holdings in shares of iShares Core Total USD Bond Market ETF by 3.3% in the 3rd quarter. Snider Financial Group now owns 7,521 shares of the company’s stock valued at $354,000 after purchasing an additional 238 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ IUSB opened at $45.52 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.08 and a 1-year high of $47.44. The firm’s fifty day simple moving average is $46.46 and its 200-day simple moving average is $45.94.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a dividend of $0.1577 per share. This represents a $1.89 annualized dividend and a dividend yield of 4.16%. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.