Meridian Wealth Management LLC Buys 409 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Meridian Wealth Management LLC increased its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 8,969 shares of the company’s stock after acquiring an additional 409 shares during the period. Meridian Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $423,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Nwam LLC bought a new stake in iShares Core Total USD Bond Market ETF during the third quarter worth about $3,087,000. CFS Investment Advisory Services LLC raised its stake in iShares Core Total USD Bond Market ETF by 20.0% in the third quarter. CFS Investment Advisory Services LLC now owns 639,894 shares of the company’s stock valued at $30,152,000 after buying an additional 106,663 shares during the period. Concorde Asset Management LLC raised its stake in iShares Core Total USD Bond Market ETF by 44.8% in the third quarter. Concorde Asset Management LLC now owns 102,098 shares of the company’s stock valued at $4,811,000 after buying an additional 31,601 shares during the period. Charles Schwab Investment Management Inc. raised its stake in iShares Core Total USD Bond Market ETF by 39.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock valued at $450,000 after buying an additional 2,682 shares during the period. Finally, LPL Financial LLC raised its stake in iShares Core Total USD Bond Market ETF by 20.3% in the third quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock valued at $1,853,263,000 after buying an additional 6,632,679 shares during the period.

iShares Core Total USD Bond Market ETF Stock Up 0.0 %

iShares Core Total USD Bond Market ETF stock opened at $45.61 on Monday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.21 and a 12 month high of $47.44. The stock’s 50 day moving average is $46.29 and its 200-day moving average is $45.98.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a $0.1577 dividend. This represents a $1.89 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.