Wealth Alliance LLC Buys 83,678 Shares of iShares Core Total USD Bond Market ETF $IUSB

Wealth Alliance LLC raised its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 17.5% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 562,117 shares of the company’s stock after buying an additional 83,678 shares during the period. iShares Core Total USD Bond Market ETF comprises about 2.6% of Wealth Alliance LLC’s portfolio, making the stock its 5th largest holding. Wealth Alliance LLC owned 0.07% of iShares Core Total USD Bond Market ETF worth $25,964,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of IUSB. AQR Capital Management LLC raised its position in iShares Core Total USD Bond Market ETF by 9.9% during the first quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock valued at $2,776,000 after acquiring an additional 5,416 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in iShares Core Total USD Bond Market ETF by 40.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock worth $8,817,000 after purchasing an additional 55,360 shares in the last quarter. M&T Bank Corp acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $335,000. Brown Advisory Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $246,000. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $167,000.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.46 on Friday. The company has a 50 day moving average price of $45.91 and a 200-day moving average price of $46.28. iShares Core Total USD Bond Market ETF has a 1-year low of $45.38 and a 1-year high of $47.23. The firm has a market cap of $42.80 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.164 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Wednesday, July 1st.

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.