Maxwell Wealth Strategies Inc. Purchases 5,270 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Maxwell Wealth Strategies Inc. increased its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.9% in the third quarter, Holdings Channel.com reports. The firm owned 72,098 shares of the company’s stock after acquiring an additional 5,270 shares during the period. iShares Core Total USD Bond Market ETF comprises approximately 1.4% of Maxwell Wealth Strategies Inc.’s portfolio, making the stock its 20th largest holding. Maxwell Wealth Strategies Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $3,304,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Cetera Investment Advisers grew its stake in shares of iShares Core Total USD Bond Market ETF by 129.9% during the first quarter. Cetera Investment Advisers now owns 8,653,706 shares of the company’s stock worth $394,522,000 after purchasing an additional 4,890,264 shares during the period. CWM LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 19.5% during the 3rd quarter. CWM LLC now owns 21,325,421 shares of the company’s stock worth $1,004,854,000 after buying an additional 3,483,112 shares during the period. Kestra Investment Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth about $128,756,000. Sanctuary Advisors LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter valued at about $124,848,000. Finally, Mason & Associates LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter valued at approximately $107,525,000.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock opened at $45.52 on Friday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.08 and a fifty-two week high of $47.44. The company’s 50 day simple moving average is $46.46 and its 200 day simple moving average is $45.93.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.1577 per share. This represents a $1.89 dividend on an annualized basis and a dividend yield of 4.16%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Friday, November 1st.

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.