Twelve Points Wealth Management LLC Purchases 20,228 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Twelve Points Wealth Management LLC increased its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 10.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 205,158 shares of the company’s stock after purchasing an additional 20,228 shares during the period. iShares Core Total USD Bond Market ETF comprises approximately 3.0% of Twelve Points Wealth Management LLC’s holdings, making the stock its 4th largest position. Twelve Points Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $9,667,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. raised its stake in shares of iShares Core Total USD Bond Market ETF by 59.1% during the 1st quarter. Farmers & Merchants Investments Inc. now owns 754 shares of the company’s stock worth $34,000 after buying an additional 280 shares in the last quarter. Scarborough Advisors LLC grew its holdings in iShares Core Total USD Bond Market ETF by 120.7% during the second quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock worth $39,000 after acquiring an additional 473 shares during the period. National Bank of Canada FI purchased a new position in iShares Core Total USD Bond Market ETF in the second quarter worth $43,000. Fifth Third Bancorp acquired a new stake in iShares Core Total USD Bond Market ETF in the second quarter valued at $45,000. Finally, Cultivar Capital Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth $45,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $46.54 on Thursday. The firm’s 50-day moving average is $46.81 and its two-hundred day moving average is $45.76. iShares Core Total USD Bond Market ETF has a twelve month low of $42.56 and a twelve month high of $47.44.

iShares Core Total USD Bond Market ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1569 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.