iShares Core Total USD Bond Market ETF $IUSB Shares Bought by Summit Wealth Partners LLC

Summit Wealth Partners LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 8.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 337,978 shares of the company’s stock after purchasing an additional 26,064 shares during the period. iShares Core Total USD Bond Market ETF makes up 2.5% of Summit Wealth Partners LLC’s portfolio, making the stock its 10th biggest holding. Summit Wealth Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $15,611,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. CIBC Private Wealth Group LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $27,000. Decker Retirement Planning Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at $30,000. Mcguire Capital Advisors Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at $30,000. Chapman Financial Group LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $31,000. Finally, Hurley Capital LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter valued at $33,000.

iShares Core Total USD Bond Market ETF Stock Down 0.3%

IUSB opened at $45.99 on Tuesday. The firm has a market cap of $36.39 billion, a PE ratio of 10.80 and a beta of 0.26. The business has a fifty day simple moving average of $46.09 and a 200-day simple moving average of $46.41. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.47 and a fifty-two week high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.1511 per share. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, June 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.