iShares Core Total USD Bond Market ETF $IUSB Shares Bought by Retirement Wealth Solutions LLC

Retirement Wealth Solutions LLC lifted its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 44.5% in the 2nd quarter, Holdings Channel reports. The firm owned 98,948 shares of the company’s stock after purchasing an additional 30,481 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 2.5% of Retirement Wealth Solutions LLC’s portfolio, making the stock its 11th biggest position. Retirement Wealth Solutions LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $4,566,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of IUSB. CIBC Private Wealth Group LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $27,000. Mcguire Capital Advisors Inc. acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter valued at $30,000. JNBA Financial Advisors purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter worth about $32,000. Hurley Capital LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $33,000. Finally, Advocate Investing Services LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the first quarter valued at $42,000.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ:IUSB opened at $45.23 on Friday. The stock has a 50-day simple moving average of $45.62 and a 200 day simple moving average of $46.04. iShares Core Total USD Bond Market ETF has a one year low of $45.12 and a one year high of $47.23. The company has a market capitalization of $42.83 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, September 1st will be issued a $0.168 dividend. The ex-dividend date of this dividend is Tuesday, September 1st.

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.