Optivise Advisory Services LLC Takes Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Optivise Advisory Services LLC bought a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 52,362 shares of the company’s stock, valued at approximately $2,467,000. iShares Core Total USD Bond Market ETF makes up approximately 1.3% of Optivise Advisory Services LLC’s investment portfolio, making the stock its 14th biggest position.

Several other institutional investors have also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $25,000. Peterson Financial Group Inc. bought a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $30,000. Evermay Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $31,000. Darwin Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $32,000. Finally, Scarborough Advisors LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 120.7% during the 2nd quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock worth $39,000 after buying an additional 473 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.61 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44. The business’s 50-day moving average price is $46.29 and its two-hundred day moving average price is $45.96.

iShares Core Total USD Bond Market ETF Increases Dividend

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