Belpointe Asset Management LLC Makes New Investment in iShares Core Total USD Bond Market ETF $IUSB

Belpointe Asset Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 17,201 shares of the company’s stock, valued at approximately $803,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Team Financial Group LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 54.4% in the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after buying an additional 218 shares in the last quarter. Richardson Capital Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at $43,000. Anchor Investment Management LLC acquired a new position in iShares Core Total USD Bond Market ETF in the second quarter valued at $51,000. Atlantic Union Bankshares Corp acquired a new position in iShares Core Total USD Bond Market ETF in the second quarter valued at $52,000. Finally, Key Financial Inc grew its holdings in shares of iShares Core Total USD Bond Market ETF by 30.2% during the second quarter. Key Financial Inc now owns 1,185 shares of the company’s stock worth $55,000 after purchasing an additional 275 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB opened at $46.68 on Friday. iShares Core Total USD Bond Market ETF has a one year low of $44.74 and a one year high of $47.20. The stock has a market capitalization of $34.94 billion, a P/E ratio of 10.80 and a beta of 0.26. The business’s 50-day simple moving average is $46.66 and its 200-day simple moving average is $46.56.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.1648 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Friday, December 19th.

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.