KWB Wealth Raises Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

KWB Wealth raised its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 51.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 331,720 shares of the company’s stock after buying an additional 113,195 shares during the period. iShares Core Total USD Bond Market ETF comprises about 1.9% of KWB Wealth’s portfolio, making the stock its 12th largest holding. KWB Wealth’s holdings in iShares Core Total USD Bond Market ETF were worth $15,631,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of IUSB. LPL Financial LLC grew its stake in iShares Core Total USD Bond Market ETF by 20.3% during the 3rd quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock valued at $1,853,263,000 after acquiring an additional 6,632,679 shares in the last quarter. CWM LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 19.5% in the third quarter. CWM LLC now owns 21,325,421 shares of the company’s stock valued at $1,004,854,000 after purchasing an additional 3,483,112 shares during the last quarter. JPMorgan Chase & Co. lifted its position in iShares Core Total USD Bond Market ETF by 14.7% during the third quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock worth $976,181,000 after buying an additional 2,651,218 shares in the last quarter. Park Avenue Securities LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 17.8% during the 3rd quarter. Park Avenue Securities LLC now owns 12,498,157 shares of the company’s stock worth $588,913,000 after acquiring an additional 1,890,434 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 18.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 9,687,022 shares of the company’s stock valued at $456,453,000 after acquiring an additional 1,484,171 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $44.72 on Tuesday. The firm has a 50-day moving average price of $45.55 and a 200 day moving average price of $46.06. iShares Core Total USD Bond Market ETF has a 12-month low of $44.21 and a 12-month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.1605 per share. This represents a $1.93 annualized dividend and a dividend yield of 4.31%. The ex-dividend date of this dividend was Wednesday, December 18th. 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.