Gateway Wealth Partners LLC Grows Position in iShares Core Total USD Bond Market ETF $IUSB

Gateway Wealth Partners LLC boosted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 214.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 495,031 shares of the company’s stock after buying an additional 337,770 shares during the period. iShares Core Total USD Bond Market ETF accounts for approximately 0.9% of Gateway Wealth Partners LLC’s portfolio, making the stock its 15th biggest holding. Gateway Wealth Partners LLC owned about 0.06% of iShares Core Total USD Bond Market ETF worth $22,865,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter worth approximately $27,000. Decker Retirement Planning Inc. purchased a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter valued at $30,000. Mcguire Capital Advisors Inc. acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth $30,000. Hurley Capital LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth $33,000. Finally, Advocate Investing Services LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 1st quarter worth $42,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.46 on Monday. The company has a market capitalization of $42.80 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1 year low of $45.38 and a 1 year high of $47.23. The company’s fifty day moving average is $45.91 and its two-hundred day moving average is $46.28.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.164 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. 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.