iShares Core Total USD Bond Market ETF $IUSB is Elevation Wealth Partners LLC’s Largest Position

Elevation Wealth Partners LLC increased its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 12.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 777,144 shares of the company’s stock after acquiring an additional 86,015 shares during the period. iShares Core Total USD Bond Market ETF comprises about 10.7% of Elevation Wealth Partners LLC’s investment portfolio, making the stock its biggest holding. Elevation Wealth Partners LLC owned 0.08% of iShares Core Total USD Bond Market ETF worth $35,865,000 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 purchased a new stake in iShares Core Total USD Bond Market ETF in the third quarter worth about $27,000. Decker Retirement Planning Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter valued at approximately $30,000. Mcguire Capital Advisors Inc. purchased a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter worth approximately $30,000. Hurley Capital LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $33,000. Finally, Advocate Investing Services LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $42,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB opened at $45.45 on Friday. The stock has a market cap of $43.04 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1 year low of $45.32 and a 1 year high of $47.23. The firm has a fifty day moving average price of $45.84 and a 200-day moving average price of $46.21.

iShares Core Total USD Bond Market ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.1686 per share. The ex-dividend date was Monday, August 3rd.

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.