Frisch Financial Group Inc. Purchases 220,660 Shares of iShares Core Total USD Bond Market ETF $IUSB

Frisch Financial Group Inc. boosted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 93.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 457,422 shares of the company’s stock after acquiring an additional 220,660 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 4.4% of Frisch Financial Group Inc.’s holdings, making the stock its 7th largest holding. Frisch Financial Group Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $21,128,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in IUSB. Wells Fargo & Company MN lifted its position in shares of iShares Core Total USD Bond Market ETF by 2.9% during the fourth quarter. Wells Fargo & Company MN now owns 47,946,578 shares of the company’s stock worth $2,231,434,000 after purchasing an additional 1,331,490 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 2.2% during the 4th quarter. LPL Financial LLC now owns 45,507,455 shares of the company’s stock worth $2,117,917,000 after buying an additional 966,130 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted 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 valued at $1,332,103,000 after buying an additional 2,324,731 shares during the period. Morgan Stanley boosted its position in iShares Core Total USD Bond Market ETF by 8.5% in the 4th quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock valued at $1,149,554,000 after buying an additional 1,931,838 shares during the period. Finally, CWM LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 0.5% in the fourth quarter. CWM LLC now owns 17,194,171 shares of the company’s stock worth $800,217,000 after acquiring an additional 85,428 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ:IUSB opened at $45.77 on Friday. The firm has a market cap of $42.85 billion, a PE ratio of 10.80 and a beta of 0.26. The stock has a fifty day moving average price of $45.96 and a 200 day moving average price of $46.32. iShares Core Total USD Bond Market ETF has a 12-month low of $45.47 and a 12-month high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.