Destination Wealth Management Has $46.74 Million Stock Holdings in iShares Core Total USD Bond Market ETF $IUSB

Destination Wealth Management boosted its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 5.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,004,200 shares of the company’s stock after buying an additional 49,755 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 1.2% of Destination Wealth Management’s portfolio, making the stock its 27th biggest position. Destination Wealth Management owned about 0.13% of iShares Core Total USD Bond Market ETF worth $46,735,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IUSB. Arax Advisory Partners acquired a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $318,000. 17 Capital Partners LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 59.9% during the 4th quarter. 17 Capital Partners LLC now owns 13,558 shares of the company’s stock worth $631,000 after purchasing an additional 5,077 shares during the last quarter. Aptus Capital Advisors LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 181.5% during the 4th quarter. Aptus Capital Advisors LLC now owns 91,190 shares of the company’s stock worth $4,244,000 after purchasing an additional 58,799 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 7.6% during the 4th quarter. Kestra Advisory Services LLC now owns 1,318,414 shares of the company’s stock worth $61,359,000 after purchasing an additional 93,300 shares during the last quarter. Finally, Transamerica Financial Advisors LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 77.4% during the 4th quarter. Transamerica Financial Advisors LLC now owns 32,717 shares of the company’s stock worth $1,523,000 after purchasing an additional 14,277 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.1%

NASDAQ:IUSB opened at $46.05 on Friday. The firm has a market capitalization of $36.44 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a twelve month low of $45.47 and a twelve month high of $47.23. The stock’s 50 day moving average price is $46.11 and its two-hundred day moving average price is $46.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.1511 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.9%.

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.