Elevation Wealth Partners LLC Has $35.87 Million Stock Position in iShares Core Total USD Bond Market ETF $IUSB

Elevation Wealth Partners LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 12.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 777,144 shares of the company’s stock after purchasing an additional 86,015 shares during the period. iShares Core Total USD Bond Market ETF accounts for about 10.7% of Elevation Wealth Partners LLC’s holdings, making the stock its largest position. Elevation Wealth Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $35,865,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Apella Capital LLC grew its holdings in iShares Core Total USD Bond Market ETF by 23.2% during the 2nd quarter. Apella Capital LLC now owns 1,382,574 shares of the company’s stock valued at $63,322,000 after purchasing an additional 260,144 shares during the last quarter. Midwest Financial Network LLC bought a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter worth about $729,000. 180 Wealth Advisors LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 30.9% during the second quarter. 180 Wealth Advisors LLC now owns 8,546 shares of the company’s stock valued at $394,000 after purchasing an additional 2,019 shares in the last quarter. Trinity Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF during the second quarter valued at approximately $371,000. Finally, Balefire LLC raised its stake in iShares Core Total USD Bond Market ETF by 447.0% in the second quarter. Balefire LLC now owns 120,307 shares of the company’s stock worth $5,552,000 after buying an additional 98,312 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.3%

Shares of NASDAQ IUSB opened at $45.45 on Friday. iShares Core Total USD Bond Market ETF has a 12-month low of $45.32 and a 12-month high of $47.23. The stock’s fifty day simple moving average is $45.84 and its two-hundred day simple moving average is $46.21. The stock has a market capitalization of $43.04 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were paid a $0.1686 dividend. The ex-dividend date was Monday, August 3rd.

iShares Core Total USD Bond Market ETF 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.