West Wealth Group LLC Grows Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

West Wealth Group LLC increased its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 358,298 shares of the company’s stock after acquiring an additional 13,439 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 4.8% of West Wealth Group LLC’s holdings, making the stock its 8th biggest position. West Wealth Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $16,195,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. LPL Financial LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 20.3% in the 3rd quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock valued at $1,853,263,000 after purchasing an additional 6,632,679 shares during the last quarter. CWM LLC increased its stake in 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 valued at $1,004,854,000 after purchasing an additional 3,483,112 shares in the last quarter. Kestra Investment Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter worth $128,756,000. Sanctuary Advisors LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter valued at $124,848,000. Finally, JPMorgan Chase & Co. increased its position in shares of iShares Core Total USD Bond Market ETF by 14.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock valued at $976,181,000 after acquiring an additional 2,651,218 shares during the period.

iShares Core Total USD Bond Market ETF Stock Up 0.2 %

Shares of IUSB opened at $45.27 on Monday. iShares Core Total USD Bond Market ETF has a one year low of $44.21 and a one year high of $47.44. The stock has a 50-day moving average of $45.46 and a two-hundred day moving average of $46.06.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.1605 per share. This represents a $1.93 annualized dividend and a yield of 4.25%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, December 18th.

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.