Global Retirement Partners LLC Acquires 272,481 Shares of iShares Core Total USD Bond Market ETF $IUSB

Global Retirement Partners LLC boosted its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 75.5% in the 4th quarter, HoldingsChannel reports. The firm owned 633,336 shares of the company’s stock after purchasing an additional 272,481 shares during the quarter. Global Retirement Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $29,475,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CIBC Private Wealth Group LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $27,000. Decker Retirement Planning Inc. bought a new position in iShares Core Total USD Bond Market ETF in the 4th quarter worth approximately $30,000. Chapman Financial Group LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $31,000. Collier Financial bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $32,000. Finally, Richardson Capital Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $43,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock opened at $45.78 on Thursday. The company has a market capitalization of $36.23 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 1-year low of $45.07 and a 1-year high of $47.23. The business has a 50 day simple moving average of $46.18 and a two-hundred day simple moving average of $46.53.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a dividend of $0.1629 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Friday, May 1st.

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.