Maripau Wealth Management LLC Has $2.11 Million Stock Position in iShares Core Total USD Bond Market ETF $IUSB

Maripau Wealth Management LLC lowered its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 26.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 45,105 shares of the company’s stock after selling 16,485 shares during the quarter. iShares Core Total USD Bond Market ETF makes up approximately 1.1% of Maripau Wealth Management LLC’s holdings, making the stock its 24th biggest holding. Maripau Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,107,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IUSB. Team Financial Group LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after purchasing an additional 218 shares in the last quarter. Chapman Financial Group LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $31,000. Collier Financial acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $32,000. Richardson Capital Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the third quarter worth about $43,000. Finally, United Financial Planning Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $50,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $46.34 on Tuesday. The firm has a fifty day moving average of $46.72 and a two-hundred day moving average of $46.72. The stock has a market capitalization of $34.85 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.1573 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

About iShares Core Total USD Bond Market ETF

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.