Rialto Wealth Management LLC Invests $1.03 Million in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Rialto Wealth Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 22,749 shares of the company’s stock, valued at approximately $1,028,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SWAN Capital LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $25,000. Synergy Investment Management LLC acquired a new position in iShares Core Total USD Bond Market ETF during the fourth quarter valued at $29,000. Peterson Financial Group Inc. purchased a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth about $30,000. Darwin Wealth Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth about $32,000. Finally, First Financial Corp IN acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth about $35,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $45.83 on Friday. The business’s 50-day moving average is $45.43 and its 200-day moving average is $45.98. The company has a market capitalization of $32.60 billion, a price-to-earnings ratio of 16.77 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.1553 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15.

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.