Elevation Point Wealth Partners LLC Acquires 126,599 Shares of iShares Core Total USD Bond Market ETF $IUSB

Elevation Point Wealth Partners LLC grew its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 194.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 191,834 shares of the company’s stock after acquiring an additional 126,599 shares during the period. Elevation Point Wealth Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $8,861,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of IUSB. Align Financial LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter valued at $132,644,000. Northwestern Mutual Wealth Management Co. lifted its position in iShares Core Total USD Bond Market ETF by 8.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock worth $1,332,103,000 after buying an additional 2,324,731 shares during the last quarter. Symmetry Partners LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at $104,011,000. Mariner LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 15.1% during the fourth quarter. Mariner LLC now owns 16,120,286 shares of the company’s stock valued at $750,239,000 after buying an additional 2,115,404 shares during the last quarter. Finally, Morgan Stanley increased its stake in shares of iShares Core Total USD Bond Market ETF by 8.5% in the fourth quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock worth $1,149,554,000 after buying an additional 1,931,838 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $45.96 on Friday. The firm has a market capitalization of $42.60 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The business has a 50 day simple moving average of $46.05 and a two-hundred day simple moving average of $46.38. iShares Core Total USD Bond Market ETF has a one year low of $45.47 and a one year high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.