Tcfg Wealth Management LLC Takes Position in iShares Core Total USD Bond Market ETF $IUSB

Tcfg Wealth Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,044 shares of the company’s stock, valued at approximately $563,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Team Financial Group LLC grew its stake in iShares Core Total USD Bond Market ETF by 54.4% in the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after acquiring an additional 218 shares during the period. Chapman Financial Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth about $31,000. Collier Financial bought a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $32,000. Richardson Capital Management LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $43,000. Finally, United Financial Planning Group LLC bought a new stake in 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 IUSB opened at $46.30 on Friday. iShares Core Total USD Bond Market ETF has a twelve month low of $44.74 and a twelve month high of $47.23. The firm’s 50 day moving average price is $46.70 and its two-hundred day moving average price is $46.71. The firm has a market cap of $34.82 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

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

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.