Merit Financial Group LLC Purchases 75,364 Shares of iShares Core Total USD Bond Market ETF $IUSB

Merit Financial Group LLC grew its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 18.1% in the second quarter, Holdings Channel reports. The firm owned 491,505 shares of the company’s stock after purchasing an additional 75,364 shares during the period. Merit Financial Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $22,683,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IUSB. Howe & Rusling Inc. boosted its stake in iShares Core Total USD Bond Market ETF by 2.6% during the fourth quarter. Howe & Rusling Inc. now owns 8,329 shares of the company’s stock valued at $388,000 after buying an additional 215 shares during the period. Beacon Financial Group boosted its position in shares of iShares Core Total USD Bond Market ETF by 3.9% during the 1st quarter. Beacon Financial Group now owns 5,993 shares of the company’s stock valued at $277,000 after acquiring an additional 226 shares during the last quarter. Midwest Trust Co grew its holdings in shares of iShares Core Total USD Bond Market ETF by 2.9% during the fourth quarter. Midwest Trust Co now owns 8,432 shares of the company’s stock worth $392,000 after purchasing an additional 236 shares in the last quarter. Acorn Financial Advisory Services Inc. ADV increased its position in shares of iShares Core Total USD Bond Market ETF by 5.9% in the second quarter. Acorn Financial Advisory Services Inc. ADV now owns 5,158 shares of the company’s stock worth $238,000 after purchasing an additional 289 shares during the last quarter. Finally, HORAN Wealth LLC raised its stake in iShares Core Total USD Bond Market ETF by 5.2% in the fourth quarter. HORAN Wealth LLC now owns 5,882 shares of the company’s stock valued at $274,000 after purchasing an additional 291 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $45.45 on Thursday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.32 and a fifty-two week high of $47.23. The stock has a market cap of $43.04 billion, a P/E ratio of 10.80 and a beta of 0.26. The firm’s fifty day moving average price is $45.80 and its 200-day moving average price is $46.17.

iShares Core Total USD Bond Market ETF Announces Dividend

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

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.