iShares Core Total USD Bond Market ETF $IUSB Shares Acquired by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 214.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 495,031 shares of the company’s stock after buying an additional 337,770 shares during the quarter. iShares Core Total USD Bond Market ETF comprises about 0.9% of Gateway Wealth Partners LLC’s portfolio, making the stock its 15th largest holding. Gateway Wealth Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $22,865,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. CIBC Private Wealth Group LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $27,000. Decker Retirement Planning Inc. purchased a new position in iShares Core Total USD Bond Market ETF during the 4th quarter worth $30,000. Mcguire Capital Advisors Inc. purchased a new position in iShares Core Total USD Bond Market ETF during the 4th quarter worth $30,000. Hurley Capital LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 4th quarter worth $33,000. Finally, Advocate Investing Services LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the first quarter valued at about $42,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.46 on Monday. The firm has a market cap of $42.80 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 52-week low of $45.38 and a 52-week high of $47.23. The company’s 50-day simple moving average is $45.91 and its 200-day simple moving average is $46.28.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.164 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. The ex-dividend date was Wednesday, July 1st.

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.