Frisch Financial Group Inc. Raises Position in iShares Core Total USD Bond Market ETF $IUSB

Frisch Financial Group Inc. lifted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 951.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 236,762 shares of the company’s stock after purchasing an additional 214,244 shares during the period. iShares Core Total USD Bond Market ETF accounts for 2.5% of Frisch Financial Group Inc.’s investment portfolio, making the stock its 14th biggest holding. Frisch Financial Group Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $11,019,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Diversify Advisory Services LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 11.3% during the 3rd quarter. Diversify Advisory Services LLC now owns 159,983 shares of the company’s stock worth $7,458,000 after purchasing an additional 16,301 shares during the last quarter. Firestone Capital Management increased its stake in shares of iShares Core Total USD Bond Market ETF by 3.2% during the 3rd quarter. Firestone Capital Management now owns 354,435 shares of the company’s stock worth $16,556,000 after purchasing an additional 10,921 shares during the last quarter. Acorn Wealth Advisors LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $624,000. First Command Advisory Services Inc. increased its stake in shares of iShares Core Total USD Bond Market ETF by 5.4% during the 3rd quarter. First Command Advisory Services Inc. now owns 2,210,825 shares of the company’s stock worth $103,268,000 after purchasing an additional 112,933 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 1.5% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 1,015,283 shares of the company’s stock worth $47,424,000 after purchasing an additional 14,543 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.0%

Shares of IUSB stock opened at $45.68 on Tuesday. The company has a 50 day moving average of $46.22 and a 200-day moving average of $46.54. iShares Core Total USD Bond Market ETF has a 12-month low of $45.07 and a 12-month high of $47.23. The firm has a market cap of $36.15 billion, a P/E ratio of 10.80 and a beta of 0.27.

iShares Core Total USD Bond Market ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.1629 dividend. This represents a c) dividend on an annualized basis and a 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.