Able Wealth Management LLC Purchases 11,260 Shares of iShares Core Total USD Bond Market ETF $IUSB

Able Wealth Management LLC boosted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 26.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 53,461 shares of the company’s stock after acquiring an additional 11,260 shares during the period. iShares Core Total USD Bond Market ETF accounts for 1.2% of Able Wealth Management LLC’s holdings, making the stock its 22nd biggest position. Able Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,472,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. LPL Financial LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 7.6% during the first quarter. LPL Financial LLC now owns 48,049,515 shares of the company’s stock worth $2,214,122,000 after purchasing an additional 3,402,819 shares in the last quarter. Jones Financial Companies Lllp grew its stake in iShares Core Total USD Bond Market ETF by 3.1% during the 1st quarter. Jones Financial Companies Lllp now owns 62,382,141 shares of the company’s stock worth $2,868,351,000 after buying an additional 1,856,559 shares during the last quarter. Spire Wealth Management grew its stake in iShares Core Total USD Bond Market ETF by 1,276.8% during the 2nd quarter. Spire Wealth Management now owns 1,888,940 shares of the company’s stock worth $86,970,000 after buying an additional 1,751,742 shares during the last quarter. Baker Avenue Asset Management LP acquired a new stake in iShares Core Total USD Bond Market ETF in the first quarter worth about $56,347,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in iShares Core Total USD Bond Market ETF by 5.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 22,986,670 shares of the company’s stock worth $1,059,226,000 after acquiring an additional 1,127,521 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $46.53 on Thursday. The company has a market cap of $33.07 billion, a PE ratio of 10.80 and a beta of 0.26. The business has a 50-day simple moving average of $46.75 and a two-hundred day simple moving average of $46.13. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.67 and a fifty-two week high of $47.20.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd will be paid a dividend of $0.1643 per share. The ex-dividend date is Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.