Assetmark Inc. Increases Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Assetmark Inc. grew its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,316,533 shares of the company’s stock after purchasing an additional 13,469 shares during the quarter. Assetmark Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $62,035,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in IUSB. Abich Financial Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $25,000. Evermay Wealth Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter worth approximately $31,000. Scarborough Advisors LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 120.7% in the 2nd quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock valued at $39,000 after acquiring an additional 473 shares during the period. National Bank of Canada FI acquired a new position in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter valued at $43,000. Finally, Cultivar Capital Inc. purchased a new stake in iShares Core Total USD Bond Market ETF in the 2nd quarter valued at $45,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.90 on Friday. iShares Core Total USD Bond Market ETF has a 1 year low of $43.44 and a 1 year high of $47.44. The company’s fifty day moving average is $46.58 and its two-hundred day moving average is $45.89.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.1577 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.89 dividend on an annualized basis and a dividend yield of 4.12%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.