Secure Asset Management LLC Raises Position in iShares Core Total USD Bond Market ETF $IUSB

Secure Asset Management LLC increased its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 64.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,499 shares of the company’s stock after purchasing an additional 23,808 shares during the period. Secure Asset Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,816,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $27,000. Team Financial Group LLC grew its holdings in 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 acquiring an additional 218 shares during the period. Chapman Financial Group LLC acquired a new position in iShares Core Total USD Bond Market ETF during the third quarter worth $31,000. Collier Financial purchased a new position in iShares Core Total USD Bond Market ETF in the third quarter worth $32,000. Finally, Richardson Capital Management LLC purchased a new position in iShares Core Total USD Bond Market ETF in the third quarter worth $43,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $46.18 on Monday. The firm has a market capitalization of $36.13 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a one year low of $44.74 and a one year high of $47.23. The company’s fifty day moving average is $46.57 and its two-hundred day moving average is $46.67.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be issued a dividend of $0.1645 per share. 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 4.3%. The ex-dividend date of this dividend is Wednesday, April 1st.

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.